Framing Analysis
On June 1, the U.S. dollar index remained flat at 99.00 following a 0.4% decline the prior week, while the euro, yen, and sterling recorded minor losses against the dollar. President Trump indicated an imminent decision on a proposed 60-day extension of the U.S.-Iran ceasefire, coinciding with Israeli troop movements into Lebanon that prompted an early oil price increase. Analyst commentary highlighted upcoming influences from U.S. non-farm payrolls and Strait of Hormuz reopening.