Dollar Struggles For Direction as Iran War Uncertainty Persists Ahead of Fed Minutes -- Market Talk

Dow Jones05-20

0708 GMT - The dollar struggles for direction amid uncertainty over the Iran war and ahead of the minutes of the Federal Reserve's last meeting. President Trump threatened fresh military action against Iran in coming days if a peace deal is not reached. Vice President JD Vance said "this is not a forever war" when asked about the length of the conflict during a White House briefing. The Fed's meeting minutes will be released at 1800 GMT. Markets are looking for further forward-looking views after policymakers were divided over the decision to keep rates steady, Danske Bank analysts say in a note. The DXY dollar index rises 0.1% to 99.383. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 20, 2026 03:08 ET (07:08 GMT)

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The Fed's meeting minutes will be released at 1800 GMT. Markets are looking for further forward-looking views after policymakers were divided over the decision to keep rates steady, Danske Bank analysts say in a note. The DXY dollar index rises 0.1% to 99.383. 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