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Dollar strengthens to six-week highs on robust US economic data and Middle East geopolitical uncertainty. Mixed Iran peace signals whipsaw markets while Asian currencies face pressure from oil shocks…
US stock indexes fell with Nasdaq leading declines amid rising Treasury yields and Middle East tensions. The dollar strengthened while emerging markets faced headwinds from potential Fed rate hikes.
The Indian rupee hits a record low amid stalled US-India trade talks and ongoing foreign selling, modestly impacting EURUSD sentiment.