The US dollar experienced a decline against most major currencies on Wednesday, as investors responded favorably to indications that the US-Israeli conflict involving Iran might be nearing a resolution. The dollar index, which measures the currency’s performance against six key counterparts, fell by 0.4 percent to 97.941, having previously touched 97.623. This marked the index’s lowest point since late February, a period preceding the Israeli and US strikes on Iran that ignited the current tensions. Concurrently, the euro saw a 0.6 percent increase, reaching $1.1755, while the British pound also strengthened by 0.6 percent, trading at $1.36125.
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