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Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks
Aug 25, 2026
✦Economic Times

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

The U.S. dollar struggled for traction on Tuesday as markets weighed new Iran sanctions and Treasury buybacks. The euro and pound rose slightly, while Bitcoin continued its upward path. Ray Attrill said, "Maybe if you're going to be sanctioned, you better buy some dollars first before that happens."

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