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FX Daily: Looking for a new steady state for the dollar
April 20, 2026
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Posted 2 days ago by
Having sold off on Friday on news that the Strait of Hormuz is 'completely open', the dollar has come back a little bid on more tough talk between the US and Iran, plus the US Navy's seizure of an Iranian cargo ship. Investors seem happy to focus on a resolution to this crisis, but we think it is too soon to expect the resumption of the broad dollar bear trend
ING Think
Coverage and analysis from Netherlands. All insights are generated by our AI narrative analysis engine.
Netherlands
Bias: center
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