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The dollar regained safe-haven demand as strikes on Iran unsettled markets. Analysts said investors who had shifted away from the dollar during last year's US-driven tariff selloff moved back into it after the oil shock.
Renewed safe-haven demand strengthens the dollar against foreign currencies, which tends to pressure US commodity export competitiveness and dollar-priced feed commodities.
reuters.comSaqib Iqbal AhmedMar 2, 2026After 89 past bullish geopolitics events, DXY moved a median +0.5% over 5 sessions (74% higher; middle half -0.0% to +1.0%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Safe-haven demand returned to the dollar on 2026-03-02 as Iran strikes and the oil shock rattled markets, matching the day's move.
