The U.S. Dollar is trading mixed as markets react to signs of progress toward a ceasefire in the Israel–Hamas conflict, lifting risk sentiment. Stocks remain near record highs amid ongoing enthusiasm for artificial intelligence, though doubts are emerging about its real-world impact. Policymakers are signaling concern about a softening labor market, with New York Fed President John Williams indicating support for additional rate cuts ahead. Despite these cross-currents, the Dollar is holding near its strongest levels since late July, and attention turns to tomorrow’s University of Michigan Consumer Sentiment survey.