BlockBeats News, June 1st, Traders believe that the US dollar will rise in the coming weeks, supported by factors including ongoing uncertainty in the US-Iran negotiations and the AI-driven rally in the US stock market. The US dollar index saw a slight increase last month, and investors are currently assessing the challenges in the US-Iran talks.

This conflict has already led to the closure of the Strait of Hormuz, causing a surge in energy prices and raising concerns about global central banks, including the Federal Reserve, potentially needing to raise interest rates to combat inflation.

On Monday, the index rose by another 0.4%. Earlier reports suggested that Iran would cease communication with the US following Israel's escalation of attacks on Lebanon.