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Bullish sentiment in the options market hits a three-year high, and the premium for the dollar "petro-currency" rises
According to Jinshi reports, the options market shows that due to the Iran war keeping energy prices high, the dollar is trending towards a new high in 2026. The dollar spot index rose by 0.3% during early trading in London, expected to reach the highest closing price in nearly two months.
Goldman Sachs economists expect that Brent crude oil prices will average $98 in March and April, before falling to $71 in the fourth quarter, which will delay the Federal Reserve's first rate cut until September.
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