The US dollar gained between 1 and 3% against other global currencies last week, including around 1.5% against the pound and euro. The biggest data event of the week looks to be Producer Price Inflation (PPI) on Wednesday, although this will be from before the oil price rise. Perhaps of more importance will be headlines on shipping security, the impact of emergency oil stock releases and any sign of peace and energy security returning.
USD: Dollar stays strong on oil fears
Christopher Nye
on March 16th, 2026 
