The US dollar is rising due to the ongoing uncertainty of the war with Iran.

In the United States, President Trump announced that the ceasefire agreement with Iran would be extended for three weeks, but he stated that he was not in a hurry to reach a long-term peace agreement, causing the US dollar to rise. Trump also ordered the US military to "shoot down" Iranian vessels laying mines in the strategic Strait of Hormuz, highlighting the ongoing tension. This uncertainty has kept investors cautious and supported oil prices at high levels, thereby bolstering the US dollar's safe-haven status and its position as a net oil exporter. The DXY US dollar index rose 0.1% to 98.865.