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    • US Dollar Declines as Iran Deal Signals Lift Euro, Pound

    By on May 6, 2026
    Dollars
    Dollars

    Singapore:  The US dollar declined against most major currencies today following indications from the United States that it may be nearing an agreement with Iran.

    The euro rose to $1.1714, while the British pound reached $1.35685, both gaining around 0.2 percent during the day.

    The Australian dollar increased by nearly 0.4 percent to $0.7208 in early trading, and the New Zealand dollar advanced by 0.3 percent to $0.5905.

    The dollar index edged down by 0.01 percent to 98.299.

    Against the Japanese yen, the US dollar traded at 157.62 yen, down by 0.17 percent from late US trading levels.

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