Dollar Flips to Losses After Trump Says Iran Wants a Deal

Trump Claims Iran Wants to Make a Deal

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By Anya Andrianova

April 13, 2026 at 3:04 PM UTC

Updated on

April 13, 2026 at 8:15 PM UTC

The dollar weakened after President Donald Trump said Iran called Monday morning and wants a deal. The remarks follow Trump’s order over the weekend to block the Strait of Hormuz following the deadlock in US-Iran peace talks that pushed oil prices higher.

The Bloomberg Dollar Spot Index fell 0.2%, ending the day at the lowest level in over a month on a closing basis. Earlier in the session the gauge rose as much as 0.5%. The Japanese yen was the only among its peers in the Group of 10 against the greenback to decline.