CoinWorld news: Joe Capuros, head of the International Economic Department at the Commonwealth Bank of Australia (CBA), said that during the Asian trading session the U.S. dollar index remained stable above 98. Reports say the United States and Iran are seeking a new round of talks to end the war. He said it would not be surprising if a two-week ceasefire agreement is extended to enable more negotiations. However, he also pointed out that the global economy needs to adapt to reduced energy supplies. Raising interest rates will help keep demand aligned with supply. The U.S. dollar should continue to benefit from the slowdown in global economic growth, since the U.S. dollar is a safe-haven currency.

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