Dollar Heads for Weekly Decline as Markets Bet Middle East War May Avoid Wider Economic Shock - Tekedia

The dollar fell for a second straight week as investors grew less fearful that the Iran-U.S. conflict will widen into a major economic shock.

Signs of containment eased safe-haven buying, pushing the dollar index lower while the euro and Japanese yen moved on shifting risk and energy expectations.

Markets are stepping back from crisis mode, but any renewed fighting or oil-price spike could quickly revive demand for the dollar and pressure growth.