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Forex Today: US Dollar falls even as failed talks and Hormuz shutdown spark risk-off wave

The US Dollar Index (DXY) fell on Monday, as markets digest headlines of failed Iran-United States (US) peace talks over the weekend and reports that US President Donald Trump moved the US Navy to close the Strait of Hormuz, a development that would typically fuel a strong safe-haven bid for the Gre

Source  Fxstreet1776107342
Dow Jones Industrial Average edges lower as Goldman drags, Crude Oil climbs back over $100

The Dow Jones Industrial Average (DJIA) edged lower on Monday, slipping around 50 points to trade near 47,900 after recovering from a much steeper drop at the open. The S&P 500 rose 0.2% to trade above 6,800, while the Nasdaq Composite gained 0.6% to push above 23,000.

Source  Fxstreet1776099441
USD: Blockade supports cautious rebound – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is firmer after President Trump announced a blockade of Iranian ports, with US Dollar Index (DXY) off its Asian highs and still seen within a broader bearish setup.

Source  Fxstreet1776092532
USD: Safe haven flows and de-dollarisation debate – Rabobank

Rabobank’s Senior FX Strategist Jane Foley observes that speculators have been rebuilding long Dollar positions as the US currency acts as the preferred safe haven during the Middle East conflict.

Source  Fxstreet1776090777
USD: Fed patience and Iran risks shape outlook – TD Securities

TD Securities strategists Oscar Munoz and Eli Nir argue that US macro dynamics and Federal Reserve (Fed) policy expectations will be driven by developments in Iran, recent inflation data and incoming activity indicators.

Source  Fxstreet1776086751
USD: Gradual reserve erosion and sanctions-driven shifts – Commerzbank

Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen argues that, despite Iran’s Renminbi toll plans and geopolitical tensions, the US Dollar (USD) remains structurally dominant in trade and reserves.

Source  Fxstreet1776078775
DXY: Range view holds after Hormuz shock – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US naval blockade of the Strait of Hormuz has pushed Brent Oil back above $100 and lifted the US Dollar (USD) as risk aversion returns.

Source  Fxstreet1776073902
US Dollar Index rebounds to 99.00 as oil price recovery prompts hawkish Fed risks

The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.25% higher to near 99.00 during the European trading session on Monday.

Source  Fxstreet1776070411
S&P 500: Earnings optimism versus conflict shock – Deutsche Bank

Deutsche Bank’s strategists highlight that S&P 500 futures are lower as the Iran conflict escalates and energy prices jump, pressuring global risk sentiment.

Source  Fxstreet1776068368
US Dollar Index hovers around 99.00 after paring recent gains

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining in the positive territory after paring daily gains and trading around 99.00 during the Asian hours on Monday.

Source  Fxstreet1776042860
Forecasting the upcoming week: US Dollar weakens as risk flows lift major pairs

The US Dollar Index (DXY) fell toward the 98.60 price region as markets digest the latest US Consumer Price Index (CPI) report, which confirmed that inflation remains stubbornly elevated, largely driven by energy prices amid war in the Middle East.

Source  Fxstreet1775847522
Dow Jones Industrial Average gives back recent gains as ceasefire doubts resurface

The Dow Jones Industrial Average slumped around 300 points on Friday, or roughly 0.6%, retreating from the 48,000 handle after two sessions of ceasefire-fueled gains.

Source  Fxstreet1775840142
DXY: Shipping risk, inflation path and Fed easing – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes that global markets are cautious ahead of US-Iran ceasefire talks, with Brent, equities and bonds reacting while the Dollar stabilizes.

Source  Fxstreet1775822737
USD: Inflation focus into CPI release – TD Securities

TD Securities’ Global Strategy Team highlights that United States (US) Consumer Price Index (CPI) is the key event, with core inflation expected to rise 0.27% m/m and headline CPI to jump 0.90% m/m as higher Oil prices feed through.

Source  Fxstreet1775820871
USD: Inflation and peace risks shape Dollar – ING

ING’s Francesco Pesole notes that the US Dollar Index remains just below 99.0, with further downside seen if a permanent Middle East peace deal is agreed and Strait of Hormuz flows resume.

Source  Fxstreet1775808120
US Dollar Index holds gains near 99.00 ahead of CPI data

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its four-day losing streak and trading around 98.90 during the Asian hours on Friday.

Source  Fxstreet1775797984
Forex Today: US yields drop as labor cracks offset inflation

The US Dollar Index (DXY) dropped to the 98.80 price region after the United States (US) Personal Consumption Expenditures (PCE) report confirmed that inflation remains sticky, reinforcing the Federal Reserve’s (Fed) cautious stance.

Source  Fxstreet1775761732
Dow Jones Industrial Average extends ceasefire rally as Netanyahu opens Lebanon talks

The Dow Jones Industrial Average climbed around 300 points on Thursday, or roughly 0.7%, extending a two-day rally that has seen the index recover sharply from its war-era lows.

Source  Fxstreet1775754120
Israel Signals Direct Talks With Lebanon on Hezbollah Disarmament

Israeli Prime Minister Benjamin Netanyahu announced Thursday that he has ordered the start of direct negotiations with Lebanon "as soon as possible," with talks expected to center on disarming Hezbollah and establishing a formal peace between the two nations.

Source  Fxstreet1775749835
USD: Dual Fed risks and ceasefire volatility – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the US Dollar (USD) has stabilised after Iran said the ceasefire was violated, but still see scope for renewed weakness.

Source  Fxstreet1775745814
USD: Recovery relies on risk aversion – MUFG

MUFG’s Head of Research Derek Halpenny notes the US Dollar has stabilised after a modest rebound as markets reassess the fragile Middle East ceasefire and its impact on risk sentiment.

Source  Fxstreet1775739889
DXY: Range anchored as Fed cut seen – BBH

Brown Brothers Harriman’s Elias Haddad (BBH) notes that interest rate differentials are keeping the US Dollar Index (DXY) in a 96.00–100.00 range, even as recent ceasefire optimism faded on compliance doubts.

Source  Fxstreet1775726955
US Dollar Index (DXY) picks up to 99.00 with Iran’s ceasefire into question

The US Dollar (USD) has trimmed some losses to consolidate right above the 99.00 level on Thursday, after bouncing from lows at 98.50 on Wednesday. The safe-haven US Dollar has picked up as investors come to terms with the fragility of the ceasefire in Iran.

Source  Fxstreet1775723272
Dow Jones futures slip due to fading US-Iran ceasefire optimism

Dow Jones futures fall 0.36% to near 47,950 during European hours on Thursday, ahead of the regular opening in the United States (US). Meanwhile, S&P 500 and Nasdaq 100 futures also lose 0.38% and 0.37% to near 6,800 and 25,000, respectively, at the time of writing.

Source  Fxstreet1775722389
US Dollar Index moves little due to renewed safe-haven demand

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining flat after three days of losses and hovering around 99.00 during the Asian hours on Wednesday.

Source  Fxstreet1775705283
DXY bounces from fresh lows as ceasefire cracks widen on all sides

The US Dollar Index (DXY) continued to grind lower during the front half of the US trading session on Wednesday, falling roughly 1% from the prior session's close near 100.00 to tag a low around 98.50 as the US-Iran ceasefire announcement triggered a broad wave of risk-on selling in the US Dollar.

Source  Fxstreet1775674831
Dow Jones Industrial Average futures surge 1,200 points on ceasefire, but cracks are emerging

Dow Jones Industrial Average (DJIA) futures surged around 1,200 points on Wednesday, up close to 2.6%, after a last-minute diplomatic breakthrough averted what had been shaping up as a catastrophic escalation of the US-Iran war.

Source  Fxstreet1775667071
USD: Ceasefire drives renewed weakness – MUFG

MUFG’s Head of Research Derek Halpenny highlights that a two-week ceasefire between the US, Israel and Iran has sharply weakened the US Dollar as risk sentiment improves and Brent Oil falls.

Source  Fxstreet1775658423
US Dollar Index Price Forecast: DXY slides to one-month lows, tests key SMA confluence

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, comes under heavy selling pressure on Wednesday, sliding to one-month lows after the United States and Iran agreed to a two-week ceasefire deal.

Source  Fxstreet1775655659
USD: Iran-driven swings point to shallow depreciation – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong stress that markets are being driven almost entirely by Iran headlines, with Oil and yields reacting to ceasefire developments.

Source  Fxstreet1775654995
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