# US dollar surge since start of war on Iran unlikely to last, say FX strategists: Reuters poll | Reuters

> A Reuters poll of FX strategists found the dollar's rebound since the start of the US war with Iran is likely to be short-lived. Most strategists still expect the currency to weaken, citing doubts about the haven appeal of US assets.

- Date: 2026-03-04 · published 2026-03-04T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/10716-us-dollar-surge-since-start-of-war-on-iran-unlikely-to-last-say-fx-strategists
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a weaker dollar later in the year would support US commodity export competitiveness, though the outlook depends on how long the conflict persists.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-10-03 | [Gold holds steady as safe-haven demand counters stronger dollar \| Reuters](https://feedsoft.ai/events/27761-gold-holds-steady-as-safe-haven-demand-counters-stronger-dollar-reuters.md) | +1.1% | +2.7% |
| DXY | 2017-09-23 | [FOREX-Dollar on back foot versus yen on North Korea jitters \| Forex Singnal & News](https://feedsoft.ai/events/69176-forex-dollar-on-back-foot-versus-yen-on-north-korea-jitters-forex-singnal-and.md) | +1.2% | +2.3% |
| DXY | 2026-04-10 | [Oil Eyes Large Weekly Loss Amid Fragile Iran Peace Hopes](https://feedsoft.ai/events/10139-oil-eyes-large-weekly-loss-amid-fragile-iran-peace-hopes.md) | -0.5% | -0.7% |
| DXY | 2019-01-30 | [Exchange Rates News Today: British Pound Dented As No-Deal Bets Increase, Euro Gains, Dollar Awaits FED](https://feedsoft.ai/events/61330-exchange-rates-news-today-british-pound-dented-as-no-deal-bets-increase-euro.md) | +0.0% | +0.2% |
| DXY | 2026-04-02 | [Oil prices jump and shares drop after Trump threatens more Iran strikes](https://feedsoft.ai/events/12922-oil-prices-jump-and-shares-drop-after-trump-threatens-more-iran-strikes.md) | -0.9% | -0.9% |

## Sources

- reuters.com: https://www.reuters.com/business/us-dollar-surge-since-start-war-iran-unlikely-last-say-fx-strategists-2026-03-04/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.