Dollar holds near two-month high as oil rises on Iran peace report

  • Dollar trading ended largely unchanged against major currencies in New York.
  • Crude oil prices rose after reports of a U.S. rejection of Iran’s peace proposal.
  • Dollar index remained near a two-month high as U.S. Treasury yields increased.

The dollar closed largely flat against major currencies in New York foreign exchange trading on the 28th. Crude oil prices rose after reports that the United States rejected a peace proposal from Iran, pushing U.S. Treasury yields higher. The dollar index remained near a two-month high.

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