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Forex Today: US Dollar rallies on strong ADP jobs data and Trump’s Iran remarks

The US Dollar Index (DXY) strengthens toward the 99.30 region after the latest ADP employment report showed US private employers added 42,250 jobs on average over the previous four weeks, marking the strongest reading since the weekly series began in October 2025.

Source  Fxstreet1779222146
US Dollar Index hits more than one-month highs on Iran tensions and hawkish Fed bets

The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, extends its rally on Tuesday, climbing near more than one-month highs as stalled US-Iran negotiations and hawkish Federal Reserve (Fed) expectations support the US Dollar.

Source  Fxstreet1779207780
Dow Jones Industrial Average stumbles as bond vigilantes line up to test Warsh

The Dow gave up a chunk of last week's record run on Tuesday, sliding back from the 50K handle it had briefly tagged days earlier, with the broader equity tape leaning lower as bonds did the heavy lifting on the downside.

Source  Fxstreet1779206594
US Dollar Index: DXY eyes range break – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US Dollar Index (DXY) is likely to overshoot the upper end of its 96.00–100.00 range as resilient United States (US) economic activity and a positive net energy balance support a more restrictive Federal Reserve (Fed).

Source  Fxstreet1779201010
US Dollar Index: Upside risks build on Iran headlines – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner see upside risks for the Dollar as bond markets remain volatile and Middle East developments drive sentiment.

Source  Fxstreet1779194267
US Dollar Index: Rally pause as data focus shifts – OCBC

OCBC’s FX Strategist Christopher Wong notes that the Dollar Index (DXY) has eased alongside lower US Treasury yields, with no tier-1 US data due today. Focus turns to upcoming FOMC minutes and US flash PMIs to gauge inflation persistence and activity momentum.

Source  Fxstreet1779181926
Dow Jones futures maintain position as Trump calls off Iran attack

Dow Jones futures inch higher by 0.05% to near 49,800 during the European hours ahead of the United States (US) regular opening on Tuesday. Meanwhile, the S&P 500 gain 0.07% to near 7,430, and the Nasdaq 100 futures remain firm near 29,100.

Source  Fxstreet1779179667
US Dollar Index Price Forecast: Fresh upside likely if it breaks above 99.40

The US Dollar (USD) recovers on Tuesday after a sharp corrective move the previous day amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year.

Source  Fxstreet1779177038
S&P 500: Tech-led pullback after record highs – Deutsche Bank

Deutsche Bank’s Jim Reid reports that the S&P 500 slipped slightly, recovering late in the session after Trump called off planned strikes on Iran.

Source  Fxstreet1779175395
US Dollar Index holds gains above 99.00 due to rising odds of hawkish Fed stance

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after posting modest losses in the previous day and trading around 99.10 during the Asian hours on Tuesday.

Source  Fxstreet1779155967
Forex Today: US Dollar falls as markets assess Fed transition and US-Iran negotiations

The US Dollar Index (DXY) falls toward the 99.10 region on Monday as traders assess fresh geopolitical headlines and the upcoming leadership transition at the Federal Reserve (Fed).

Source  Fxstreet1779134209
Trump says US halted planned attack on Iran after requests from Middle East leaders

United States (US) President Donald Trump said on Monday that he has ordered a pause on a planned US military attack scheduled for Tuesday after appeals from Qatar, Saudi Arabia and the United Arab Emirates (UAE) leaders.

Source  Fxstreet1779133539
Dow Jones Industrial Average futures recover from weekend plunge, barely

DJIA futures clawed back from a weekend-driven plunge on Monday, recovering from session lows above 49,000 to trade close to Friday's closing levels by mid-afternoon. The bounce came despite a backdrop of higher Oil prices, elevated sovereign bond yields, and unresolved US-Iran tensions.

Source  Fxstreet1779121389
US Dollar: Long-end selloff and Fed focus – TD Securities

TD Securities’ Global Strategy Team notes a sharp bear steepening in US yields, with 30-year rates holding above 5% for four consecutive days for the first time since 2007. Markets now price in just over one additional Fed hike between July 2026 and June 2027.

Source  Fxstreet1779107143
US Dollar: Structural risks behind yield-driven strength – DBS

DBS Group Research economist Philip Wee argues that recent US Dollar (USD) resilience reflects higher-for-longer US yields rather than genuine fundamental strength.

Source  Fxstreet1779102176
US Dollar Index (DXY) eases to 99.10 amid hopes of a US-Iran peace deal

The US Dollar (USD) shows moderate losses against its main currency peers on Monday, as rumours about ongoing US-Iran negotiations have lifted market sentiment during the European session.

Source  Fxstreet1779099051
Dow Jones futures trim recent losses after reports of Iran-Oman talks

Dow Jones futures pare its intraday losses, remaining down by 0.56%, near 49,350 during the European hours ahead of the United States (US) regular opening on Monday. Meanwhile, the S&P 500 fall 0.23% to near 7,410, and the Nasdaq 100 futures hovers near 29,240.

Source  Fxstreet1779095508
US Dollar Index turns upside down to near 99.15 on hopes of Hormuz stability

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, gives back its early gains and turns negative to near 99.15 during the European trading session on Monday.  In the Asian session, the USD Index rose to near 99.45, the highest level seen in over five weeks.

Source  Fxstreet1779091370
Forecasting the upcoming week: Markets shift focus to PMIs and central bank events

The US Dollar Index (DXY) climbs above the 99.30 region, reaching fresh multi-week highs on Friday as stronger-than-expected United States (US) economic data reinforced expectations that the Federal Reserve (Fed) may keep interest rates elevated for longer.

Source  Fxstreet1778877157
US Dollar Index climbs to five-week high as hawkish Fed bets gather pace

The US Dollar Index (DXY), which measures the Greenback against a basket of six major currencies, extends its rally on Friday, climbing to its highest level since April 8 as investors continue to favor the US Dollar amid hawkish Federal Reserve expectations and persistent geopolitical uncertainty su

Source  Fxstreet1778868783
US Dollar: Hawkish Fed repricing drives breakout – ING

ING's Francesco Pesole notes the US Dollar (USD) is gaining strong short-term momentum as hotter US data reinforce expectations for a Federal Reserve (Fed) hike.

Source  Fxstreet1778853092
US Dollar: Supported by higher yields and data – Deutsche Bank

Deutsche Bank analysts highlight that the Dollar Index (DXY) strengthened as United States (US) yields moved higher and data remained resilient. Retail sales matched expectations, and the Atlanta Fed’s GDPNow estimate for Q2 was revised up, underscoring solid economic momentum.

Source  Fxstreet1778846232
US Dollar Index: Rates support further gains – Societe Generale

Societe Generale’s Kit Juckes links the Dollar’s trajectory to shifting interest rate and growth differentials, noting that US 2-year Treasury yields have surged since the war with Iran while the Dollar Index has only modestly advanced.

Source  Fxstreet1778844109
US Dollar: Restrictive Fed backdrop supports gains – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is strengthening as firm Oil prices lift bond yields and weigh on equities, while the US-China summit delivered only marginal diplomatic progress.

Source  Fxstreet1778838770
Dow Jones futures fall due to profit taking after robust Wall Street performance

Dow Jones futures decline 0.35% below 50,000 during the European hours on Friday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 fall 0.56% to near 7,480, and the Nasdaq 100 futures slid 0.81% to near 29,450.

Source  Fxstreet1778831783
US Dollar Index (DXY) rallies above 99.00 amid soaring US yields

The US Dollar (USD) is outperforming this week, fuelled by higher US Treasury yields as solid macroeconomic data and high inflationary pressures have boosted expectations of Federal Reserve (Fed) rate hikes later in the year.

Source  Fxstreet1778827184
US Dollar: Strong data supports Dollar gains – Rabobank

Rabobank strategist Molly Schwartz notes that hotter US trade price data for April pushed United States (US) Treasury yields higher, with import and export prices rising at their fastest monthly pace since early 2022.

Source  Fxstreet1778826998
US Dollar Index climbs above 99.00 on strong data, Fed shift

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the fifth consecutive day and trading around 99.10 during the Asian hours on Friday.

Source  Fxstreet1778811650
Forex Today: US Dollar rallies amid resilient Retail Sales and rising yields

The US Dollar Index (DXY) rises toward the 98.80 region, reaching fresh two-week highs after US Retail Sales rose 0.5% in April, highlighting resilient consumer spending despite elevated borrowing costs.

Source  Fxstreet1778789238
Stephen Miran to step down from Fed board on Warsh swearing in

Federal Reserve (Fed) Governor Stephen Miran submitted his resignation letter from the Fed board on Thursday, effective on or shortly before Kevin Warsh is sworn in as the Fed's next chair, since there is no other open seat on the seven-member board for Warsh to fill, and Miran's term had expired in

Source  Fxstreet1778784848
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