US dollar rises after President Trump seizes Iranian ship
NewsBytes | April 20, 2026 8:39 AM CST
Currencies slip amid Middle East uncertainty
The unrest didn't just move the dollar. Other currencies like the euro, pound, aussie, and kiwi all slipped. Even bitcoin and ether dropped about 0.7%.
Analysts say where the dollar goes next really depends on how things play out in the Middle East, with one noting, the dollar remains a favored currency but its direction will depend on geopolitical events.
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