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Dollar steady as traders fret about escalating Iran war
April 6, 2026
Economic Times
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The dollar remained steady as the yen neared 160 against the dollar amid escalating Iran conflict. President Trump issued a Tuesday deadline to reopen the Strait of Hormuz, threatening strikes on Iranian infrastructure. Investors are treating the situation as an oil-to-inflation-to-rates problem, favoring the dollar as a safe haven.
Economic Times
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