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Weekend talks fail
Oil surges again as peace talks break down. Escalation returns but euro stays calm. Risk-off shakes sterling – barely.
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Oil above 100 and unbothered
Dollar hits fresh 10-month high. Growth or rates, the euro loses either way. Five-day slide puts 1.30 back in view.
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Conflict momentum builds
Dollar strength with a side of doubt. Conflicted ECB, vulnerable euro. Sterling’s resilience is fraying.
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Searching for an off-ramp
Dollar rally hinges on Iran. Euro stuck in diplomatic limbo. Rebound built on shaky foundations.
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Fragile optimism
Domestic realities test the limits of Iran’s campaign. Front‑end eases, euro lifts. BoE hawkishness finds clearer expression.
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Ultimatum clock ticks
Geopolitics back in the driver’s seat. Sterling’s fragile backstop exposed. ECB hawks re-claim the narrative.