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Dollar Surges to One Week High After US Iran Peace Talks Collapse
Economy
Published on 24 April 2026
Trump ceasefire extension doubts trigger sudden safe-haven rush
The US dollar edged higher to a one-week peak in Asian trade as markets turned cautious after scheduled US-Iran peace talks were reported to have collapsed. Traders linked the move to skepticism surrounding President Donald Trump’s indefinite ceasefire extension announcement, boosting demand for the dollar as a safe haven amid ongoing uncertainty.
- Dollar briefly climbed to a one-week high in Asian trade
- Safe-haven demand rose after reports of US Iran talks collapsing
- Skepticism over an indefinite ceasefire extension supported the move
- Investors weighed broader US rate expectations alongside the news
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic