Dollar hits 10-day low as US, Iran reach peace deal

The US dollar slid on Monday to a 10-day low against its ‌major peers as news the United States had agreed to a peace deal with Iran sent oil prices tumbling and boosted demand for riskier assets. US and Iranian officials said on Sunday they have agreed on a framework for a deal ​to end their war, halt the US blockade of Iran and reopen the Strait of Hormuz. Oil ​prices slipped, with Brent crude futures down more than 4% to $83.82. But caution lingered ⁠as President Donald Trump told the New York Times on Sunday if Iran failed to reach a final ​nuclear accord with the United States, he would restart military attacks on Tehran or make the United States “the ​guardian of the Middle East” in return for 20% of the region’s revenues.