US dollar strengthens after Iran rejects Strait of Hormuz reopening
NewsBytes | May 8, 2026 12:39 PM CST
Currencies mixed as Bitcoin drops 2%
The euro held steady, but the British pound and Japanese yen both slipped against the US dollar.
Norway's krone bounced back after a rate hike, while Sweden's krona dipped on inflation worries.
The Australian dollar lost ground from its recent high, and Bitcoin dropped 2%, sliding just below its three-month peak.
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