Foreign Exchanges

Foreign Exchanges

FX Week in Review

The Fortnight in Review August 29-September 11, 2026

The US and Iran renew hostilities, Ansurallah seizes the Bab al-Mandab Strait, and more.

Ashley Gate
Sep 12, 2026
∙ Paid

In the past two weeks Russia and Ukraine modified their respective drone warfare strategies. The US commandeered five ships off the coast of Ecuador. Israeli National Security Minister Itamar Ben-Gvir announced a new plan to ethnically cleanse Gaza. Both the US and Iran attacked vessels in and around the Strait of Hormouz. And after a week-long offensive, the Ansurallah/Houthi movement took control of the Bab al-Mandab Strait.

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