Dow Jones futures edge higher 0.06% to around 49,750 during European hours on Thursday. S&P 500 and Nasdaq 100 futures gain 0.22% and 0.34%, respectively, trading near 6,910 and 25,000 at the time of writing.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains steady after gaining more than 0.5% in the previous session, hovering around 97.70 during the European hours on Thursday.

MUFG’s Senior Currency Analyst Lloyd Chan notes that the US Dollar strengthened after stronger US data and hawkish January FOMC minutes. Durable goods and capital goods orders beat expectations, while industrial production surprised on the upside.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating the previous day's strong move up to over a one-week high and oscillating in a narrow range during the Asian session on Thursday.

The Dow Jones Industrial Average (DJIA) climbed around 300 points, or about 0.65%, on Wednesday as dip buyers continued stepping back into equities for a third consecutive session following last week's sharp AI-driven selloff.

The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, holds steady on Wednesday as traders position ahead of key US economic releases. At the time of writing, the index trades near 97.29, up roughly 0.20% on the day.

Deutsche Bank analysts highlight patient-sounding Federal Reserve commentary as officials stress the need for more evidence of inflation moving toward 2% before easing. Governor Barr signalled rates may stay steady for some time, prompting markets to slightly reduce 2026 rate-cut pricing.

The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.1% higher to near 97.20 during the early European trading session on Wednesday.

The Dow Jones Industrial Average (DJIA) fell around 120 points, or 0.24%, on Tuesday as investors returned from the Presidents' Day holiday and picked up right where they left off: selling tech.

Dow Jones futures inch lower 0.03% to around 49,550 during European hours on Tuesday. S&P 500 and Nasdaq 100 futures fall 0.16% and 0.48%, respectively, trading near 6,850 and 24,700 at the time of writing.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains stronger for the second consecutive day, trading around 97.20 during the European hours on Tuesday.

OCBC strategists Sim Moh Siong and Christopher Wong note that despite renewed de-dollarisation headlines and AI-related equity volatility, the Dollar remains primarily driven by US macro data and Federal Reserve expectations.

MUFG’s Senior Currency Analyst Lee Hardman notes that stronger recent U.S. employment data have eased immediate pressure on the Federal Reserve to cut rates, but slowing inflation keeps the door open to further easing in 2026.

Dow Jones futures rise 0.36% to around 49,750 during European hours on Monday. S&P 500 and Nasdaq 100 futures rise 0.39% and 0.37%, respectively, trading near 6,880 and 24,900.

Deutsche Bank analysts note that AI-related fears have triggered a sharp repricing in equities, with over a trillion dollars of global equity value erased and volatility spreading beyond technology into wealth management, real estate and financials.

DBS Group Research’s Philip Wee revises US Dollar forecasts lower versus most major and Asian currencies, citing rising uncertainty around Federal Reserve leadership, de‑dollarization trends and US political risks into the November midterm elections.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, has recovered small losses from the previous session and is trading near 97.00 during the Asian hours on Monday.

The US Dollar (USD) lost major ground over the week, briefly gaining some strength after better-than-expected United States (US) jobs data, as the January Nonfarm Payrolls report showed 130K new jobs were added. Also, the Unemployment Rate fell to 4.3% from 4.4%.

The Dow Jones Industrial Average (DJIA) bounced back on Friday, climbing around 220 points to trade near 49,665 after opening at 49,366. The recovery followed Thursday's punishing 669-point selloff that was driven by fears of AI-led disruption across software, trucking, and real estate sectors.

MUFG’s Senior Currency Analyst Lee Hardman notes the US Dollar is ending the week on a firmer footing after stronger nonfarm payrolls, with particular gains versus the Australian Dollar and Norwegian Krone.

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner say the Dollar is modestly supported into US CPI, helped by a tech-led risk-off tone and short-term undervaluation versus G10 peers.

Deutsche Bank analysts describe a broad risk-off session where the S&P 500 logged a third straight decline, led by heavy losses in software and mega-cap tech.

MUFG’s Senior Currency Analyst Lloyd Chan notes that the US Dollar stayed firm after stronger US nonfarm payrolls but lacked sustained upside as markets doubt how much further US rates can reprice in a hawkish direction.

The Federal Reserve (Fed) held rates at 3.50% to 3.75% at its January 28 meeting, pausing after three consecutive quarter-point cuts in 2025.

The Dow Jones Industrial Average (DJIA) dropped 555 points, or 1.1%, on Thursday as the ongoing rotation out of technology stocks accelerated into a broad market selloff.

OCBC’s FX strategists Sim Moh Siong and Christopher Wong say stronger US non-farm payrolls reinforce a stabilising US labour market, allowing the FOMC to stay patient on rate cuts and limiting near-term Dollar downside.

DBS Group Research economist Philip Wee notes that the Dollar failed to gain traction even after stronger US nonfarm payrolls and a lower unemployment rate in January. He highlights that Federal Reserve officials see no need for additional rate cuts as inflation stays above target.

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that strong US payrolls data triggered a hawkish Federal Reserve repricing but did not deliver a lasting boost to the Dollar.

Commerzbank’s Michael Pfister notes that stronger US labour data briefly supported the Dollar, pushing EUR/USD back below 1.19, as markets priced out some interest rate cuts. However, he stresses this is only one data point and payrolls are often revised lower.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note near 96.80 during the Asian trading hours on Thursday. The US weekly Initial Jobless Claims data is due later in the day.