Singapore, 27 April 2026 – The US dollar strengthened at the start of the week as renewed doubts over US, Iran diplomacy weighed on market sentiment, keeping investors cautious ahead of major central bank decisions in the United States, Japan, Europe and the United Kingdom.
The greenback gained after hopes faded for a near-term breakthrough to end the Middle East conflict. Report shows that US President Donald Trump cancelled a diplomatic visit to Islamabad and said Iran could initiate further negotiations if it wanted, leaving markets concerned that the conflict and disruption around the Strait of Hormuz could continue.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
