The dollar has found support as geopolitics and oil dominate the conversation, strengthening across the board yesterday. Today’s US labour-market update is the next near-term checkpoint, with the bigger jobs report (Non-Farm Payrolls) later in the week. In a world where oil is back in the inflation story, any sign of US demand holding up can keep the dollar underpinned – at least until the headlines calm down.
USD: Dollar strong as risk returns
Christopher Nye
on May 5th, 2026 
