Barclays Sees Dollar Rally This Week as Semiconductor Momentum Fades and Hormuz Risks Lift Oil
Updated
Updated · investinglive.com · May 19
Barclays Sees Dollar Rally This Week as Semiconductor Momentum Fades and Hormuz Risks Lift Oil
3 articles · Updated · investinglive.com · May 19
Barclays said the dollar could stage a sizable rally this week as recent risk aversion deepens and the greenback gains room to catch up.
Semiconductor stocks — a key gauge of broader equity momentum — have turned more range-bound, weakening one of the main forces that had held the dollar back despite firm US data and high oil prices.
Rising global bond yields are adding pressure on tech and wider risk sentiment, a combination Barclays says could push investors toward the dollar.
Middle East tensions are also supporting the call: US-Iran talks remain stalled, recent Iranian proposals are seen as far from acceptable, and any prolonged disruption around the Strait of Hormuz could drive oil higher.
With analysts split on the dollar's future, is gold's record high the true indicator of the global economy's direction?
As a key oil chokepoint remains blocked, are we on the brink of a 2026 global recession driven by energy shocks?
How will US dependency on Chinese rare earths impact its strategic options in the escalating Middle East and Taiwan crises?