India, June 24 -- The U.S. dollar weakened against other major currencies in the European session on Tuesday, as European shares traded higher on a strong note after the office of Israeli Prime Minister Benjamin Netanyahu and Iranian state media outlet Press TV confirmed a ceasefire had begun.
"On the assumption that everything works as it should, which it will, I would like to congratulate both countries, Israel and Iran, on having the stamina, courage, and intelligence to end what should be called 'THE 12-DAY WAR,'" Trump wrote on Truth Social.
In economic news, German business morale improved more than expected in June amid improvement in companies' future prospects, a survey showed. The Ifo institute's business climate index rose to 8...