News

United States Dollar Index rises as Waller puts July Fed rate hike in play, CPI awaited

The US Dollar Index (DXY) regains momentum on Monday after hawkish remarks from Federal Reserve (Fed) Governor Christopher Waller boosted expectations of an interest rate hike as early as this month.

Source  Fxstreet1783966958
Dow Jones Industrial Average wobbles while Washington opens a toll booth in the Strait of Hormuz

Risk aversion set Monday's tone, and the Dow Jones Industrial Average wore it better than most of its peers; the index trades near 52,525, down 117 points, or 0.2%, while the Nasdaq Composite sheds 1% and the S&P 500 gives back 0.4%.

Source  Fxstreet1783957339
US Dollar: Geopolitics and inflation risks support Dollar – MUFG

MUFG’s Lee Hardman notes the US Dollar (USD) has gained modestly as renewed US–Iran tensions lift Brent Oil back to USD80, with markets rebuilding a geopolitical risk premium.

Source  Fxstreet1783947968
US Dollar Index: Range holds as markets await Warsh and CPI – DBS

DBS Group Research economist Philip Wee notes that the US Dollar Index (DXY) Index has been confined between 100.5 and 102 for three weeks as traders await clarity on whether the Federal Reserve (Fed) will proceed with a potential rate hike later this year.

Source  Fxstreet1783945693
US Dollar: Fed data focus supports modest gains – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) traded mixed, but expects USD to edge slightly higher over the next couple of months as US labor markets stabilize and inflation remains sticky.

Source  Fxstreet1783941685
United States Dollar Index Price Forecast: Bears await break below 23.6% Fibo. near 100.80

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers following an intraday uptick to the 101.22 area on Monday and fills a modest weekly bullish gap.

Source  Fxstreet1783933085
Dow Jones futures slip on rising risk aversion

Dow Jones futures lose 0.12% to trade around 52,840 during European trading hours on Monday. Meanwhile, S&P 500 futures and Nasdaq 100 futures fall 0.45% and 1.30%, trading near 7,580 and 29,640, respectively.

Source  Fxstreet1783931255
US Dollar: Modest grind higher with CPI in focus – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong expect the US Dollar (USD) to appreciate by around 2–3% by end-2026, supported versus low-yielding currencies such as the Euro (EUR) and Swiss Franc (CHF).

Source  Fxstreet1783927282
United States Dollar Index holds above 101.00 on Middle East tensions

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining stronger for the second successive day, trading around 101.10 during the Asian session on Monday.

Source  Fxstreet1783909132
Forecasting the upcoming week: US CPI and Warsh testimony to test the Dollar’s recovery

The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators.

Source  Fxstreet1783716390
United States Dollar Index little changed as traders weigh geopolitics and Fed outlook

The US Dollar Index (DXY) trades within a volatile range on Friday as a sparse US economic calendar leaves traders watching developments in the Middle East after renewed hostilities between the United States (US) and Iran this week.

Source  Fxstreet1783708165
Dow Jones Industrial Average treats the ceasefire's second death as a rerun

The Dow Jones Industrial Average trades at 52,609 on Friday, up 0.26%, two sessions after printing a record 53,333 and one news cycle into the second official death of the US-Iran ceasefire.

Source  Fxstreet1783703233
United States Dollar Index extends losses as US and Iran attempt to resume talks

The US Dollar Index (DXY) is trading lower for the third consecutive day on Friday.

Source  Fxstreet1783667850
United States Dollar Index falls to three-week low amid signs of US-Iran war de-escalation

The US Dollar (USD) extends its losing streak for the third trading day on Friday amid signs of de-escalation in the ongoing clash between the United States (US) and Iran.

Source  Fxstreet1783653841
United States Dollar Index falls as Middle East calm cools inflation fears

The US Dollar Index (DXY), which tracks the buck’s value against a basket of six currencies, is down 0.14% to 100.93 as tensions in the Middle East ease, driving Oil prices lower and trimming Fed hawkish bets spurred by the energy shock.

Source  Fxstreet1783613166
Dow Jones Industrial Average rebounds on a phone call and borrowed semiconductor strength

DJIA trades near 52,480, higher by around 0.28%, clawing back only a sliver of Wednesday's Gulf-driven rout.

Source  Fxstreet1783611609
US Dollar: Tariff passthrough keeps inflation pressure alive – BNY

BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy.

Source  Fxstreet1783609524
US Dollar Index: Slips despite yield support – DBS

DBS Group Research economist Philip Wee notes the US Dollar Index (DXY) slipped from 101.28 to 101 late in the US session, even as the US Treasury 2Y yield rose and crude Oil stayed supported by Middle East tensions.

Source  Fxstreet1783590514
Dow Jones futures advance due to tech, AI rally

Dow Jones futures gain 0.17% to trade around 52,710 during European trading hours on Thursday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.34% and 0.74%, trading near 7,550 and 29,690, respectively.

Source  Fxstreet1783587029
United States Dollar Index Price Forecast: Flirts with 23.6% Fibo./weekly low below 101.00

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, extends the previous day's pullback from the 101.25-101.30 region and attracts some follow-through sellers on Thursday.

Source  Fxstreet1783586538
US Dollar: Supported by higher yields and FOMC stance – MUFG

MUFG’s Lloyd Chan reports that June Federal Open Market Committee (FOMC) minutes show policymakers increasingly concerned that US inflation could stay elevated, with some seeing a case for a rate hike.

Source  Fxstreet1783581141
United States Dollar Index stays pressured near 101.00 as Fed bets/Iran risks limit losses

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, trades with a negative bias for the second straight day, though it remains confined within the previous day's range through the Asian session on Thursday.

Source  Fxstreet1783574532
Forex Today: US Dollar struggles despite hawkish FOMC Minutes

The US Dollar Index (DXY) trades near the 101.00 region on Wednesday as investors digest the Federal Open Market Committee (FOMC) Minutes from the June 16-17 meeting, the first under Federal Reserve (Fed) Chair Kevin Warsh.

Source  Fxstreet1783540986
US Dollar Index shrugs at a unanimous Fed hold that reads anything but unanimous

The US Dollar Index spent Wednesday travelling in circles, grinding around 101.00 after the Minutes of the June 16-17 Federal Open Market Committee (FOMC) meeting crossed the wires at 18:00 GMT, capping a session in which traders had already faded another round of Middle East friction.

Source  Fxstreet1783534460
US Dollar: Fed repricing after hawkish pivot – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report that the US Dollar (USD) is trading mixed as renewed Iran tensions hit risk appetite, with stocks falling and Oil (Brent) jumping 6%.

Source  Fxstreet1783530582
Dow Jones Industrial Average learns the old war playbook now runs in reverse

The Dow Jones Industrial Average opened Wednesday within a few points of its 52,847 session high and spent the rest of the day paying down three weeks of ceasefire faith, giving back 700 points through the day.

Source  Fxstreet1783529698
United States Dollar Index climbs as Middle East tensions, Fed rate hike bets lift demand

The US Dollar Index (DXY) consolidates modest gains on Wednesday as traders assess renewed tensions between the United States and Iran and the potential economic fallout.

Source  Fxstreet1783524519
US Dollar Index: Hawkish Fed minutes may support greenback – ING

ING’s Francesco Pesole notes that recent equity jitters and firm Oil prices have underlined the Dollar’s safe-haven appeal, while markets look to the June Federal Open Market Committee (FOMC) minutes.

Source  Fxstreet1783521028
US Dollar Index: Conflict-driven support and rate backdrop – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes that renewed Middle East tensions are pressuring stocks and bonds while supporting the US Dollar (USD) and Oil.

Source  Fxstreet1783509493
Dow Jones futures fall on increasing risk aversion, FOMC Minutes awaited

Dow Jones futures decline 0.40% to trade around 52,980 during European trading hours on Wednesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures fall 0.17% and 0.14%, trading near 7,540 and 29,350, respectively.

Source  Fxstreet1783499928
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