On April 9th, the US Dollar Index (DXY) remained stable as uncertainty surrounding the Iran conflict remains high after a two-week ceasefire agreement between the US and Iran. Iran continues to launch rockets and drones toward Arab countries in the Persian Gulf, while Israel has also targeted Hezbollah militants in Lebanon. Iran informed mediators that it will limit the number of ships passing through the Strait of Hormuz and will introduce fees. Analysts at Commerzbank stated in a report: "For now, let's assume this is just a fragile pause in the current round of conflict; after all, a ceasefire mainly means further negotiations." (Jinshi)