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MarketWatch Top Storiesmarkets

Here’s what’s driving the U.S. dollar to its strongest position in almost a month — and it’s not just Iran tensions

MarketWatch Top Stories
Thursday, February 19, 2026 at 9:13 PM
~4 min read
Energy

Original Report

The dollar reached its strongest position of the past month on Thursday, helped by support from investors that boiled down to more than just one simple catalyst.

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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