Dollar sluggish with market on edge, Fed hike bets trimmed

SINGAPORE, March 26 (Reuters) – The dollar eased off recent gains in Asian trading on Thursday as investors sought clarity about whether a de-escalation in the U.S.-Israeli war on Iran was imminent and trimmed bets that the Federal Reserve’s next move would be a hike. With geopolitical uncertainty still elevated, the U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, edged down 0.1% to 99.576 on Thursday after logging its biggest one-day gain in a week during the previous session. Iran’s foreign minister on Wednesday said the country is reviewing a U.S. proposal to end…