The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as traders remain optimistic about a permanent end to the Middle East war despite some pricking points on discussions to reach a potential deal to end the war and the opening of the Strait of Hormuz.
In an effort to put an end to the conflict that started earlier this year, U.S. President Donald Trump asked on Monday that changes be made to the US-Iran agreement. The removal of highly enriched uranium and the Strait of Hormuz are related to the developments.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.