Dollar slips as cautious risk mood meets Middle East headlines
Dollar underperforms as cautious risk mood meets Middle East headlines, with EUR/USD and AUD/USD leading gains.
By Air Radar Forex DeskPublished April 27, 2026 at 11:08 AMUpdated April 27, 2026 at 11:08 AM2 min read
The dollar lags while risk assets stay cautious amid stalled US-Iran talks. Traders now watch if the move broadens or fades in the next session.
Session move
The dollar is lagging even as risk appetite remains cautious on the day, with EUR/USD up 0.2% to 1.1745 and AUD/USD gaining 0.5% to 0.7185. The move follows a gap lower at the open for both pairs, but buyers are defending key support levels above the 200-day moving average for EUR/USD.