Dollar Index Holds Steady at 100.78 Amid US-Iran Conflict

The dollar index, measuring the USD's strength against six currencies, held steady at 100.78 as the US-Iran conflict continues to unfold. The British pound rose 0.1% to $1.3466 as markets prepared for new British Prime Minister Andy Burnham. Brent crude futures increased to $88.43 a barrel, despite earlier rising above $90. Markets are currently pricing in an 85.6% chance the Federal Reserve will maintain its rates at the upcoming July 29 meeting, leading to a cautious trading environment for investors.