The dollar index slipped below 98 after reports suggested both sides are nearing a 14-point framework deal that could end the conflict, reopen the Strait of Hormuz, and restart broader nuclear discussions. Lower oil prices eased inflation pressure and reduced demand for defensive positioning.

The 10-year government bond yield in Japan eased to around 2.49%, retreating from multi-decade highs as falling energy prices reduced strain on the import-heavy economy.

Take a look at today's economic updates!