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The dollar staged its biggest two-day rally in nearly a year as the widening Middle East conflict drove investors toward safe assets. Rising inflation concerns from the war also supported the currency.
A sharp dollar rally against foreign currencies weakens US export demand and makes dollar-priced feed ingredients more expensive for importers.
bloomberg.comCarter JohnsonMar 3, 2026After 89 past bullish geopolitics events, US Dollar (Broad) 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.
