by Ryan Morrison | Mar 10, 2026
If you checked the oil price yesterday morning and felt a knot in your stomach, check it again now. After briefly surging past $119 a barrel on Monday – its highest since 2022 – crude collapsed back to around $90 after President Trump told CBS the Iran conflict is...
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by Charles Purdy | Mar 9, 2026
Sterling has hit a four-week high against the euro and is currently trading close to its best since last July. It is struggling against the US dollar and some other currencies, while the markets attempt to work out the ramifications of the war in Iran and its effect...
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by Christopher Nye | Mar 9, 2026
The dollar benefits when investors get nervous, but higher energy prices have seriously complicated the Fed’s path to interest rate cuts. Right now, the dollar is trading like a barometer for fear and for rate expectations at the same time. That can create choppy...
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by Christopher Nye | Mar 9, 2026
The euro’s mood is being set by the same old vulnerability: energy imports. When oil and gas jump, Europe pays quickly and visibly. That’s why the single currency can struggle even when the dollar isn’t roaring. Eurozone inflation had already surprised on the upside...
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by Christopher Nye | Mar 9, 2026
Sterling has started the week on a steadier footing against the euro, but the pound’s problem is that higher energy costs land awkwardly on top of a stretched cost-of-living backdrop and tight fiscal headroom. If oil stays elevated, the conversation shifts from “when...
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