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GBP/USD fell 0.3% to near 1.3370 as reports of a strike on Iran's Bushehr nuclear plant boosted haven demand for the dollar. UK CPI held at 3% in February with core inflation at 3.2%, keeping pressure on prices.
Geopolitical risk aversion lifting the dollar index is a modest headwind for dollar-denominated commodities. Energy-driven escalation also feeds through to input costs for feed producers.
fxstreet.comChristian Borjon ValenciaMar 25, 2026Not enough comparable past events yet for a historical read.
After 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.
