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Event Brief

Strategist predicts Strait of Hormuz reopening lowers dollar

A strategist said Trump and Xi will eventually reopen the Strait of Hormuz and that the dollar will fall when they do.
WHO: A strategist
WHAT: Prediction that the Strait of Hormuz will be reopened and the dollar will go lower
WHEN: May 1, 2026 at 9:24 AM ET
WHERE: Location not specified
WHY: No specific cause was reported.
Sources (1): MarketWatch

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