The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 6, 2026
· 5 min read
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U.S. dollar to remain stuck in range, dependent on the Strait of Hormuz
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
U.S. dollar to remain stuck in range, dependent on the Strait of Hormuz
SARUPYA GANGULY
BENGALURU
REUTERS
PUBLISHED MAY 6, 2026
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Developments in the U.S.-Israel war with Iran will steer the dollar in the near term, said FX strategists in a Reuters poll, who held on to their outlook for the currency to stay range-bound before weakening later this year.
So far, the greenback has largely followed the war’s swings, rising on escalation headlines and falling …
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