The Dollar And Oil Are Bid

2026-03-27 09:25:00 ET

The dollar ( DXY ) and oil ( CL1:COM ) remain firm. The market has had a muted reaction to President Trump’s announcement late yesterday that the US will extend its pledge not to strike Iran’s energy infrastructure for ten days (April 6). At the same time, reports indicate the US is considering sending more troops to the area. The logic of “escalation to de-escalate” continues to play out, and this will dampen risk appetites ahead of the weekend. Meanwhile, Beijing is taking a page from the US playbook and has opened investigations into US trade practices (supply chains and renewables), apparently in response to recently announced US Section 301 investigations....

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