Want to create an interactive transcript for this episode?
Podcast: FICC Focus
Episode: FX Moment: Iran War and Assessing the Shifting Dollar Narrative
Description: The Iran war challenges Bloomberg Intelligence’s early 2026 dollar bear view via two key channels. First, the large-scale risk-off move over the past few sessions has revived the dollar’s safe-haven appeal, reinforcing that in a broad-based flight-to-safety backdrop the greenback comes out stronger. Second, if the recent oil-price surge persists, it could lift global inflation and force markets to rethink expected 2H Fed rate cuts, weakening the yield-driven case for a softer dollar.
In this episode of FX Moment, Bloomberg Intelligence Chief FX Strategist Audrey Childe-Freeman and BI’s Chief Asia FX and Rates...