[88306] Dollar weakness and peace agreement with Iran shake up financial markets
Dollar value declines following peace agreement with Iran
Global markets are reacting on Thursday, June 18, 2026, to the signing of a dramatic peace agreement between the US and Iran. According to FXStreet Forex News, the news of the end of the conflict undermined the dollar's status, which retreated from a level of 100.57 points on the DXY index, an 11-week high, and is now trading around 100.30.
The impact is clearly visible in other currencies: FXStreet Forex News reports that the New Zealand dollar strengthened to 0.5790 against the dollar, and the British pound recovered from a two-month low. At the same time, the MarketTwits channel, which presents positions biased in favor of the current US administration and Ukraine, notes that the dollar is trading at a value of 6.76 against the Chinese yuan and at 75.90 against the Russian ruble, according to their report.
Boom in stock and crypto markets
Alongside the weakening of the dollar, Investing & Financial | Crypto and Finance, Money & Crypto report that stock futures are in a rally, with significant gains in gold, silver, and Bitcoin. "The dollar continues to fall, and oil prices are under downward pressure," note Forex & Crypto.
In the forex sector, FXStreet Forex News emphasizes that the Canadian dollar recorded a slight rise and the USD/CAD pair fell to the level of 1.4100. Traders are showing increased caution due to concerns about central bank intervention, while the market tries to digest the implications of the agreement with Iran on global monetary policy.