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G3 FX Outlook April 2026
The ongoing war in Iran, and the subsequent heightened geopolitical risk premium and acute volatility in commodity markets, make for a challenging backdrop for FX forecasting.

Flight to safety accelerates as Iran war escalates
The war in Iran is now entering its second month without any clear prospects for either a ceasefire or the reopening of the Strait of Hormuz.

Dollar soars as Iran war sends investors fleeing to safe havens
The Iran war is now in its second week, and markets are bracing for the possibility that it will last a while.
