US equities tested fresh highs but struggled to build momentum as investors digested the Federal Reserve’s latest policy decision and a market rally that remained narrowly focused.

The US Dollar Index (DXY) jostled but overall remained in Wednesday’s trading neighborhood after the Federal Reserve (Fed) delivered its standard interest rate decision, holding interest rates steady in the 3.5-3.75% range and noting its data-dependent approach. 

The Dow Jones Industrial Average (DJIA) churned in the midrange as investors await the latest interest rate decision from the Federal Reserve (Fed).

The Dollar index has dropped to its lowest level since February 2022, with limited impact on cash Treasuries. President Trump commented on the currency's decline, stating, "I think it’s great...

The Dollar is entering the FOMC decision on a weak note, with no signs of panic selling despite recent commentary from President Trump. There has been a marginal net-buying trend over the past three months, although signs of deterioration have emerged.

RaboResearch discusses the current state of the USD, highlighting potential negative factors impacting the currency. Concerns over Fed independence and US fiscal policies are noted, alongside signs of increased hedging among investors.

The Dollar has recently faced significant downward pressure, with President Trump expressing indifference to its decline, stating, "The dollar’s doing great." Brown Brothers Harriman (BBH) analysts note that the USD has undershot levels implied by rate differentials, with various structural drags co

Paul Donovan from UBS, notes that a unanimous 92 out of 92 surveyed economists expect no change in US interest rates today. He discusses the potential need for an insurance rate cut to maintain consumer spending and the implications of President Trump's comments on the US Dollar.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is rebounding after four days of losses and hovering around 96.00 during the European hours on Wednesday.

The Dollar remains under pressure following comments from President Trump, which have contributed to its decline against other currencies. The Dollar Index has fallen to its lowest level since February 2022, driven by uncertainties over U.S. tariff policies and geopolitical tensions.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some buyers during the Asian session on Wednesday and reverses a part of the overnight slump to the lowest level since February 2022.

TD Securities analysts expect the FOMC to maintain current interest rates, with a cautious approach supported by recent data. They note that while Chair Powell may not commit to near-term rate cuts, the median official still anticipates easing this year.

The 'Sell America' narrative continues to dominate market sentiment. The US Dollar Index (DXY) hit its lowest level since February 2022 on Tuesday, as investors positioned ahead of the Federal Reserve’s (Fed) monetary policy decision due on Wednesday.

The Dow Jones Industrial Average (DJIA) took a header on Tuesday, peeling away from the tech-bolstered pack of major indexes and falling around 500 points, or one percent, on an otherwise quiet trading day.

The report by MUFG highlights the impact of US tariff policy uncertainty and the risk of coordinated FX intervention by US and Japanese authorities on the Dollar.

UBS's Paul Donovan comments on the current state of the Dollar, noting that while it remains weaker, it has not significantly declined further. He suggests that the Dollar is losing market share, which indicates a slide into mediocrity rather than a dramatic decline.

Brown Brothers Harriman's (BBH) report indicates that the USD continues to trade defensively, with expectations for the dollar index (DXY) to hold above its July and September 2025 lows.

In its FX Weekly Dispatch, TD Securities maintains a bearish outlook on the USD, driven by a backdrop of solid global growth and declining safe-haven appeal.

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 weaker note near 97.00 during the Asian trading hours on Tuesday. The US ADP Employment Change and Consumer Confidence reports are due later on Tuesday. 

US equities opened the week on a positive note, with the S&P 500 rising 0.5 percent as investors balanced political uncertainty against a heavy slate of earnings and an upcoming Federal Reserve (Fed) decision.

The Global Strategy Team at TD Securities provides an overview of the recent market dynamics affecting the USD. The report highlights a calm day for Treasuries, with rates finding support, and notes the upcoming FOMC meeting where the Fed is expected to remain on hold.

MUFG Bank Senior Currency Analyst Lloyd Chan, highlights the current downward pressure on the US Dollar Index (DXY), which has fallen below the 98.00 level.

The US Dollar (USD) starts the Federal Reserve’s (Fed) monetary policy week on a negative note. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.4% lower to near 97.00 during the Asian trading session.

The US Dollar (USD) ended the week near a five-week low of around 97.80, maintaining a weak tone amid risk aversion in financial markets.

The US Dollar (USD) has regained some ground against major currencies after President Trump dropped his threats of tariffs and military action against NATO allies, reducing immediate downside risk, MUFG's FX analyst Lee Hardman reports.

The US Dollar (USD) has strengthened alongside risk assets after Trump scrapped EU tariffs following a Greenland framework deal, though markets await more details before fully shifting focus, ING's FX analyst Francesco Pesole notes.

The US Dollar Index (DXY) bounced on Tuesday, as US President Donald Trump softened his tone toward the European Union in his speech at the World Economic Forum in Davos.

Dow Jones futures rose 0.29% to around 49,400 in the European session on Thursday, while S&P 500 and Nasdaq 100 futures climbed 0.49% and 0.74% to near 6,950 and 25,650, respectively. US stock futures advanced as geopolitical and trade tensions between Washington and Europe eased.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is maintaining its position after registering modest gains in the previous session. The DXY is trading around 98.80 during the Asian hours on Thursday.

United States (US) President Donald Trump was once again the main market mover on Wednesday, saying they are seeking immediate talks with Europe on Greenland. He added Greenland would not be a threat to NATO if the territory were under US control.