Dollar Steadies Amid Fed Tensions, Oil Price Jitters

The dollar held steady in early trading as investors weighed the Federal Reserve's monetary policy trajectory against escalating U.S.-Iran tensions.

Recent comments from Fed officials have signaled a cautious approach to interest rate cuts, which has underpinned the dollar and kept it near recent highs against a basket of major currencies.

The CME FedWatch Tool indicates a [percentage]% probability of a rate cut at the next Federal Reserve meeting, reflecting uncertainty about the timing of policy easing.