Brown Brothers Harriman’s (BBH) Elias Haddad notes that risk sentiment remains resilient even as US–Iran tensions flare, with Brent Oil easing and the US Dollar Index (DXY) consolidating below its 200‑day average.

BNY’s Bob Savage describes a fragile risk backdrop, with investors tracking the Strait of Hormuz as a key barometer for energy supply relief. Despite ceasefire doubts after Iran–U.S. exchanges, risk assets are firmer, Oil is lower, Gold higher and the Dollar bid.

ING’s Chris Turner notes that the US Dollar (USD) is benefiting from a hawkish Federal Reserve (Fed) narrative as markets price in a small amount of additional tightening for 2026. He highlights that high Oil prices and Gulf tensions are keeping short-dated US rates supported.

Dow Jones futures gain 0.24%, trading near 49,200 during the European hours on Tuesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.30% to near 7,250, and the Nasdaq 100 futures advance 0.48% above 27,900.

Deutsche Bank analysts report that the S&P 500 slipped from record highs as higher Oil prices and rising Treasury yields weighed on risk assets.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, holds steady around mid-98.00s during the Asian session on Tuesday, consolidating its gains registered over the past two days.

The US Dollar Index (DXY) holds a firm tone near the 98.40 price zone, supported by safe-haven demand amid ongoing Middle East hostilities that keep markets cautious, with headlines suggesting that Iran allegedly attacked a United States (US) military ship despite US denials.

US equities slumped on Monday as a series of escalating reports out of the Persian Gulf revived concerns that the fragile US-Iran ceasefire is fraying. The Dow Jones Industrial Average shed roughly 0.9%, slipping back toward 49,000 after an intraday low below that level.

TD Securities economists Oscar Munoz and Eli Nir anticipate a normalization in United States (US) labor data, with nonfarm payrolls at 80k, unemployment at 4.3% and modest wage growth.

A senior Iranian official told Reuters that Iran fired a warning shot against a US warship to prevent its entry into the Strait of Hormuz, adding that it was unclear whether there was any damage.

The US Dollar (USD) edges up against its main peers on Monday, with the USD Index (DXY) returning to levels above 98.00 after bouncing at 97.70 lows on Friday, although it remains within the lower range of the last few weeks' trading band.

DBS Group Research economist Philip Wee expects the Dollar’s April weakness to persist into May, as the USD’s earlier two-month rise unwinds.

BNY’s Bob Savage notes that April’s 10% S&P 500 surge, the strongest in 33 years, reversed a prior defensive rotation from big tech into Energy, Materials and Industrials and into cash.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.20 during the Asian trading hours on Monday. The DXY steadies as traders continue to assess geopolitical tensions in the Middle East. 

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, turns higher on Friday, recovering from earlier weakness, though it remains on track to close the week in negative territory.

Dow Jones Industrial Average (DJIA) futures traded above 49,800 in overnight and pre-market action, building on a near 1,500-point rally from Thursday morning's lows around 48,500 and pressing toward the 50,000 mark for the first time.

The US Dollar Index (DXY) fell to a two-week low near the 98.00 price zone on Friday, extending the losses seen the previous day and ending a week in which the world's most important central banks confirmed a hawkish shift due to rising inflation pressures.

Dow Jones futures gain 0.14%, trading near 49,900 during the European hours on Friday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.12%, to near 7,250. However, Nasdaq 100 futures advance 0.04% to near 27,600.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains some positive traction on Friday and reverses a part of the previous day's sharp retracement slide from a three-week high – level just above the 99.00 mark.

The Dow Jones Industrial Average climbed sharply on Thursday, adding about 730 points, or 1.5%, after rallying from an overnight low below 48,500 to a session high just above 49,600.

The US Dollar (USD) faces intense selling pressure against its major currency peers ahead of the release of the United States (US) preliminary Q1 Gross Domestic Product (GDP) and the Personal Consumption Expenditure Price Index (PCE) data for March, which will be published at 12:30 GMT.

Dow Jones futures decline 0.52%, trading near 48,750 during the European hours on Thursday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 fall 0.05%, to near 7,160. However, Nasdaq 100 futures advance 0.17%, to near 27,370.

MUFG’s Lloyd Chan notes that Brent Oil near US$120 and higher US Treasury yields are underpinning Dollar strength, with the Dollar holding in the 98.00–99.00 range.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.95 during the Asian trading hours on Thursday. The DXY steadies following a hawkish hold from the US Federal Reserve (Fed). 

Wednesday's session had every excuse to rally. The Federal Reserve (Fed) decision was telegraphed. Big Tech earnings were teed up. The Dow Jones Industrial Average (DJIA) had reclaimed 49,000 just two days earlier.

The US Dollar Index (DXY) is trading near the 99.00 price zone on Wednesday after the Federal Reserve (Fed) decided to keep interest rates on hold. This was Chairman Jerome Powell's last meeting as head of the Fed.

United States (US) President Donald Trump is hitting the wires amid the Federal Reserve (Fed) monetary policy announcement. President Trump spoke with his Russian counterpart, Vladimir Putin, about the ongoing situation between Russia and Ukraine and that of the United States with Iran.

DJIA futures dropped 0.8% on Wednesday, falling from a session high near 49,250 to trade about 48,770 after touching a session low around 48,740.

DXY edged higher by 0.3% on Wednesday, rising from a session low near 98.57 to trade close to 98.91 in the wake of the FOMC decision.

Dow Jones Industrial Average futures drifted lower through Wednesday's session, trading close to 48.8K at the time of writing after rejecting levels above 49.3K during the prior day.