Dollar Supported by Energy Tailwinds, But Could Weaken Ahead

Core Viewpoint - Barclays anticipates that the dollar will remain supported by high energy prices in the near term, but expects a broader weakening once Middle East tensions ease in a few months [1] Group 1 - The dollar is currently benefiting from elevated energy prices [1] - A decline in tensions in the Middle East is expected to lead to a weakening of the dollar [1]