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Dollar steady as markets navigate Iran ceasefire uncertainty

APRIL 22, 2026

Summary

  • Dollar broadly steady
  • Uncertainty over Iran war outlook persists
  • Warsh says he made "no promises" to Trump over rate cuts

The dollar was steady though it traded near a one-week high on Wednesday, as uncertainty over the conflict in the Middle East appeared to persist even after U.S. President Donald Trump extended indefinitely a ceasefire with Iran.

MARKET NEWS

April 22 Tinubu rejigs economic team amid pressure to balance reforms with relief - THE GUARDIAN April 22 Nigeria’s domestic debt burden deepens as servicing costs jump to N8.6tn - THE GUARDIAN April 22 DMO to auction N700bn FGN bonds at N1,000 per unit - THE CABLE April 22 Germany halves 2026 growth forecast on Iran war fallout - AFP April 22 Pope decries inequality on whirlwind last day of Africa tour - REUTERS April 22 Iran war conflict could create systemic gas demand destruction, says top sector offic... (read more) April 22 Naira extends rally as Central Bank shields foreign reserves - BUSINESSDAY April 22 Dollar Turns Higher as Ships Attacked in Strait of Hormuz - WSJ April 22 Oil Rises on Elusive Peace Deal Outlook, Iran Gunboat Attacks - BLOOMBERG April 22 Gold Recovers After Two-Day Drop as Trump Extends Iran Ceasefire - BLOOMBERG April 22 Bank of England ‘flying blind’ on inflation - THE TELEGRAPH April 22 Oil Traders Warn of Recession Impact as Hormuz Hits Demand - BLOOMBERG April 22 Dollar steady as markets navigate Iran ceasefire uncertainty April 22 Nigerian currency depreciates after Edun’s sack - DAILY POST April 22 Naira depreciates, trades at N1,350.7402/$ at official FX market April 22 MCB sees naira trading below 1,350/USD despite Iran war - BUSINESSDAY April 22 Tinubu’s sack of Finance Minister, Edun leaves Nigerian economy in shock - DAILY POST April 22 CBN warns Nigerians against online fraud schemes - THE NATION April 22 US dollar edges higher as Iran ceasefire deadline approaches - REUTERS April 22 US dollar edges higher as Iran ceasefire deadline approaches - REUTERS April 22 Nigeria’s capital market emerges credible exit route for investors - NGX boss - ... (read more) April 22 Oyedele replaces Edun as Minister of Finance - THE NATION April 22 UK inflation jumps as Mideast war propels energy prices - PUNCH April 22 Edun, Dangiwa quit as Tinubu reshuffles cabinet - PUNCH April 21 Sterling trapped in range as investors monitor Middle East tensions - REUTERS April 21 Canada Inflation Jumps to 2.4% as War Drives Up Gas Prices - BLOOMBERG April 21 Freight forwarders seek urgent tariffs review - PUNCH April 21 CBN, NCC to combat SIM-related fraud - PUNCH April 21 Sterling dips as U.S.-Iran peace talks falter - REUTERS April 21 Nigeria’s Net Domestic Assets rises 20.3% to N93.8trn - VANGUARD

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