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Dollar in tight range as traders eye Middle East, US data
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- Dollar in tight range as traders eye Middle East, US data By Stefano Rebaudo Tue, June 2, 2026 at 6:34 PM GMT+7 3 min read DX-Y.NYB EUR=X CL=F By Stefano Rebaudo
- June 2 (Reuters) - The dollar traded in a tight range on Tuesday as investors watched for progress on a potential deal to reopen the Strait of Hormuz, while awaiting U.S.
- A peace deal between the U.S. and Iran would ease pressure on currencies of oil-importing countries like Japan and the euro zone while curbing safe-haven demand for the dollar.
Dollar in tight range as traders eye Middle East, US data By Stefano Rebaudo Tue, June 2, 2026 at 6:34 PM GMT+7 3 min read DX-Y.NYB EUR=X CL=F By Stefano Rebaudo
June 2 (Reuters) - The dollar traded in a tight range on Tuesday as investors watched for progress on a potential deal to reopen the Strait of Hormuz, while awaiting U.S. economic data later in the day, which could shape the Federal Reserve’s policy path.
A peace deal between the U.S. and Iran would ease pressure on currencies of oil-importing countries like Japan and the euro zone while curbing safe-haven demand for the dollar.
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