Forex
US Dollar's Dominance Under Strain Amid Ongoing Iran War
The US economic credibility has been questioned in light of the ongoing Iran war. However, markets have not responded as expected.
The war, which began on February 28, 2026, has had a visible impact on the real economy.
According to Leon Hadar, the greenback's position is based on the size of the US economy, the depth of its markets, and institutional credibility, pillars that no rival currency can currently replicate.