Bloomberg Dollar Spot Index posts worst monthly slump since June

6 articles · Updated · Bloomberg · Apr 30

The gauge fell 1.8% in April as a US-Iran ceasefire earlier this month prompted traders to unwind haven-dollar positions.
Losses later moderated after oil prices rose again and speculation grew that the Federal Reserve could raise interest rates next year.
The move reflects easing demand for the dollar as a safe haven amid hopes that peace talks could help end the Iran war.

With peace talks collapsed and US blockades looming, could renewed Middle East instability trigger an even sharper drop in the US dollar?

How might rising US federal debt and global oil market shifts undermine the dollar’s safe-haven status in future crises?