Renewed U.S.-Iran tensions could escalate, with the dollar slightly down.

The market is awaiting the U.S.-imposed deadline for Iran to open the Persian Gulf shipping route, with concerns that Iran’s infrastructure could face attacks. The U.S. dollar edged slightly below recent highs on Tuesday, with the U.S. Dollar Index declining by 0.3% to 99.68.

The U.S. dollar rose against the Japanese yen to 159.6, with 100 yen equivalent to HKD 4.91.

The euro rose against the U.S. dollar to 1.16.

The British pound fell against the U.S. dollar to 1.329.

The U.S. dollar fell against the Canadian dollar to 1.389.

The Australian dollar rose to 0.698 against the dollar.

The dollar rose to 0.798 against the Swiss franc.