FX.co ★ DXY Falls for 6th Session

The dollar index edged down to around 98.3 on Monday as investors moved into riskier assets, encouraged by renewed optimism that a US-Iran agreement could eventually be reached. Although Washington failed to secure a deal with Tehran over the weekend—prompting President Trump to announce a blockade on Iranian oil shipments—he later stated that Iran had made contact and was now seeking to return to the negotiating table.