Larry's Blog
Reflections on the Latest Middle Eastern War and How the Dollar Might Be Impacted
March 2, 2026
The initial currency market reaction in these early days of the war between Iran on the one hand and the U.S. and Israel on the other has been favorable to the dollar, which is attracting funds looking for financial safety. Without knowing how the conflict will evolve militarily and politically, one can imagine momentum shifting […] More
New Overnight Developments Abroad - Daily Update
Financial Market Repercussions From Broadening Middle East War
March 2, 2026
(150) Hot money flows seeking a safe haven lifted the dollar by almost a full percent on a weighted basis. Individual gains amount to 1.2% against the Swiss franc, 1.0% versus the New Zealand dollar, 0.9% to a 5-week high relative to the euro, 0.9% against the Korean won, 0.8% vis-a-vis the Australian dollar and […] More
