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Energy price rises have turned into a headwind for the dollar.

The conventional wisdom is that the dollar benefits from surging oil and gas prices during crisis periods: it's a traditional safe-haven and energy is traded in dollars.

And that was the case at the outset of the Iran war; we saw the dollar advance strongly through the e...

The fuel shortage was always going to sap confidence and cool a hot economy.

The Australian dollar outlook has turned less bullish, with new data confirming the war in the Middle East has had a tangible negative impact on domestic sentiment, which is likely to knock economic activity.

The March NAB Business Survey

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Easy wins for the GBP/USD as the dollar declines, but the GBP/EUR outlook is murkier.

The British pound is now at stronger levels against the dollar than it was before the outbreak of the war in the Middle East.

In fact, the Middle East conflict 'premium' is no longer evident in the main GBP pairs, with GBP/USD on Tuesday rising to ...

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The pound-Canadian dollar exchange rate rose 1.0% last week as it extended a run of five successive weekly advances.

That suggests an exchange rate that has moved into a comfortable short-term uptrend, and we'd be inclined to bet on further gains under such a scenario.

But when we pan out and look at GBP/CAD action over the past yea...

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The British pound starts the new week on the back foot against the dollar, but downside should be limited.

The pound recorded its biggest weekly gain against the dollar of 2026 last week, as investors welcomed a two-week ceasefire between the U.S. and Iran that would allow for a mediated end to the conflict.

That ceasefire is now all...