The dollar index held near 100 after rebounding in the previous session, supported by renewed US-Iran tensions that lifted oil prices and kept inflation concerns in focus.

Eurozone inflation accelerated to 3.2% in May, its highest level in over two and a half years, driven by Middle East conflict-linked energy costs filtering into the broader economy. Crucially, price pressures have broadened beyond energy, as core inflation rose to 2.5% and services inflation climbed to 3.5%.

The 10-year US Treasury yield held near 4.57%, close to a two-week high, as strong labor-market data reinforced expectations of a Federal Reserve rate hike later this year.