Dollar Slips 0.11% to 97.09 as Iran Tensions and Cooling Inflation Pull in Opposite Directions

The WSJ Dollar Index closed at 97.09 for the week ending July 17, 2026, down 0.11%. The small net move masks a tug-of-war: escalating US-Iran tensions lifted the dollar on July 13 — the euro fell 0.26% to $1.1383 — while softer US inflation data drove it back down by July 15. For savers and borrowers, the competing forces mean no clear direction yet.