The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz boosted safe-haven demand for the dollar today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in...Pulling money out of wallet by Izf via iStock
Dollar Supported by Middle East Uncertainty
Written on 05/21/2026