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Is The Petrodollar Trade Over After Trump's Comment? EUR/USD, AUD/USD And DXY Overview

Source: SeekingAlpha

2026-03-09 21:45:00 ET

By Elior Manier

The US dollar has been on a significant run since the beginning of the US-Iran-Israel war, quickly breaching its prior 2026 records. When the night falls, the wolves step out . Dollar bears have dominated the narrative since early 2025 and have kept insisting on a weaker dollar despite largely range-bound action since July....

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Is The Petrodollar Trade Over After Trump's Comment? EUR/USD, AUD/USD And DXY Overview
Invesco DB USD Index Bearish

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