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Dow Jones Industrial Average slides as Iran war, hawkish Fed drive fourth losing week

The Dow Jones Industrial Average tumbled around 257 points, or 0.6%, on Friday as all three major US indices tracked toward a fourth consecutive losing week. The S&P 500 fell 0.8%, while the Nasdaq Composite underperformed with a decline of 1.2%.

Source  Fxstreet1774024397
US sends thousands of Marines and three warships to Middle East – WSJ

Citing officials, the Wall Street Journal reported on Friday that the Pentagon is sending roughly "2,200 to 2,500 Marines from the California-based USS Boxer amphibious ready group and 11th Marine Expeditionary Unit," to the Middle East, alongside three warships.

Source  Fxstreet1774015447
Dollar strength returns on geopolitics – Scotiabank

Scotiabank’s global FX strategy team reports broad Dollar strength as G10 performance realigns with early US/Iran conflict patterns. They stress fragile risk sentiment as markets reassess prolonged conflict risks, central bank paths and violent yield repricing.

Source  Fxstreet1774014591
US Dollar: Upside risk persists in energy shock – BBH

Brown Brothers Harriman’s Elias Haddad notes that recent political comments briefly steadied risk sentiment, but renewed risk aversion has lifted the Dollar, Oil and bond yields while pressuring equities. With no key data due, focus is on Fed speakers.

Source  Fxstreet1774002069
JPMorgan Cuts S&P 500 Target to 7,200: Iran War Risk Seriously Underestimated by Market

TradingKey - JPMorgan Chase recently lowered its year-end target for the S&P 500 index ( SPY) from 7,500 to 7,200 points, citing a straightforward reason: the market's assessment of Iranian war risks

Source  Tradingkey1773997549
Dollar: Fed lagging ECB and BoE – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the Dollar has weakened as hawkish shifts by the ECB and BoE overshadow Jerome Powell’s recent comments.

Source  Fxstreet1773995997
US Dollar gains momentum to near 99.50 amid Fed hawkish hold, Middle East tensions

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 99.40 during the Asian trading hours on Friday. The DXY edges higher after a hawkish hold by the US Federal Reserve (Fed).  

Source  Fxstreet1773979253
Dow Jones Industrial Average drops again as Iran war bogs down equity markets

The Dow Jones Industrial Average extended losses on Thursday, falling below 46,000 as a renewed spike in Crude Oil prices deepened concerns about stagflation in the US economy.

Source  Fxstreet1773940899
USD: Energy shock and hawkish Fed support – BBH

Brown Brothers Harriman’s Elias Haddad highlights that an escalating Iran war-driven energy shock, combined with a restrictive Federal Reserve and tightening bias at other central banks, is pressuring risk assets and supporting the Dollar.

Source  Fxstreet1773926501
Dow Jones futures steady as Fed tone turns hawkish

Dow Jones and S&P 500 futures are steady around 46,530 and 6,670, respectively, during European hours on Thursday, ahead of the US cash market open. Meanwhile, Nasdaq 100 futures edge lower by 0.17% to hover near 24,600 at the time of writing.

Source  Fxstreet1773908332
USD: Fed reaction function supports strength – Commerzbank

Commerzbank’s Thu Lan Nguyen notes that the Dollar strengthened after the latest Fed meeting, driven by several smaller hawkish signals rather than a single major shift. Powell stressed that rate cuts depend on inflation moving toward target, while long-term expectations remain anchored.

Source  Fxstreet1773908047
USD: Conflict-driven support and rate advantage – TD Securities

TD Securities strategists argue that Powell’s hawkish-leaning press conference has supported the US Dollar as markets price out 2026 Fed cuts.

Source  Fxstreet1773904988
USD: Supported as Fed weighs energy shock – MUFG

MUFG’s Senior Currency Analyst Lloyd Chan notes that the Federal Reserve kept policy unchanged and now signals only one rate cut in 2026, as the US-Iran war and higher energy prices complicate the outlook.

Source  Fxstreet1773901383
US Dollar Index holding steady after Fed holds rates, but Powell still looms

The US Dollar Index (DXY) is trading mostly in place on Wednesday, cycling quickly in place after the Federal Reserve (Fed) delivered a widely-anticipated interest rate hold.

Source  Fxstreet1773857345
US Dollar Index holds near 100.00 as hot PPI and Fed decision dominate

DXY edged up about 0.3% on Wednesday, trading around 99.85 in a session dominated by the hotter-than-expected Producer Price Index (PPI) print ahead of Wednesday's Federal Reserve (Fed) decision.

Source  Fxstreet1773855300
Dow Jones Industrial Average drops as hot PPI data fuels stagflation fears

The Dow Jones Industrial Average fell nearly 1% on Wednesday, shedding over 450 points as a hotter-than-expected Producer Price Index (PPI) print landed on the same day as the Federal Open Market Committee (FOMC) rate decision.

Source  Fxstreet1773854917
USD: Fed signal watched as inflation shock looms – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the Federal Reserve is widely expected to keep the funds rate at 3.50%-3.75%, with markets focused on the vote split, dot plot and Chair Powell’s tone.

Source  Fxstreet1773841521
USD: Safe haven flows hold into FOMC – BNY

BNY’s Head of Markets Macro Strategy Bob Savage notes the Dollar is entering the FOMC decision on solid footing, with earlier February Dollar hedging sales now fully reversed.

Source  Fxstreet1773835756
USD: Hawkish Fed risk supports Dollar – Societe Generale

Societe Generale argues that a mildly restrictive Federal Reserve stance and potential hawkish adjustments to the SEP could support the Dollar against G10 and EM currencies.

Source  Fxstreet1773833556
USD: Fed Dot Plot risks support – ING

ING strategist Francesco Pesole argues that a hawkish revision of the Federal Reserve Dot Plot could support the Dollar, with markets already pricing limited cuts.

Source  Fxstreet1773827513
USD: Fed focus and broad weakness – UOB

UOB analysts note the broad Dollar index DXY fell for a second day to 99.57 as traders positioned ahead of the Fed decision and reacted to geopolitical tensions around Iran.

Source  Fxstreet1773819410
US Dollar Index flat lines above 99.50 as traders brace for Fed rate decision

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 99.60 during the Asian trading hours on Wednesday.

Source  Fxstreet1773800228
Forex Today: US Dollar extends losses ahead of Fed decision as Middle East tensions escalate

The US Dollar (USD) lost its firmness and is now on a two-day losing spree. The Greenback initially fell because investors were cautious over the Middle East war and Wednesday's Federal Reserve (Fed) monetary policy decision.

Source  Fxstreet1773772878
US Dollar Index fades as markets hold breath ahead of FOMC

The US Dollar Index (DXY) eased around 0.2% on Tuesday, slipping back toward the 99.50–99.60 area after a failed attempt to recapture the psychologically significant 100.00 handle.

Source  Fxstreet1773767431
Dow Jones Industrial Average sees hesitating gains as Fed rate call looms

US stocks posted a second consecutive session of gains on Tuesday, with the Dow Jones Industrial Average (DJIA) adding around 0.3% to hold in the 47,000 region. The S&P 500 rose approximately 0.3%, and the Nasdaq Composite gained a similar amount.

Source  Fxstreet1773765911
USD: War-driven support and Asia FX risks – Deutsche Bank

Deutsche Bank’s Global Head of FX Research George Saravelos notes that the Iran war has made markets highly correlated to energy, with higher Oil prices and weaker global growth now supporting the Dollar. Asia FX is seen as central to broad Dollar direction and is being hit hardest.

Source  Fxstreet1773755740
USD: Fed hike odds questioned as markets stabilise – TD Securities

TD Securities analysts note that US rates rallied as markets stabilised, with attention on Fed policy expectations and geopolitical headlines. While hike odds have risen, they pushes back, arguing the hawkish outcome is more likely a prolonged pause.

Source  Fxstreet1773741650
Dow Jones futures fall due to rising oil prices

Dow Jones futures decline 0.27% to trade near 46,850 during European hours ahead of the US regular market open on Tuesday. S&P 500 and Nasdaq 100 futures fall 0.50% and 0.58% to trade near 6,670 and 24,530 at the time of writing.

Source  Fxstreet1773738516
US Dollar Index (DXY) Price Forecast: Strengthens to 100.00; targets YTD peak ahead of Fed

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some dip-buyers following the previous day's pullback from its highest level since May 2025.

Source  Fxstreet1773731998
US Dollar Index holds correction near 100.00 in countdown to Fed policy

The US Dollar (USD) holds its Monday’s corrective move, which was driven by a significant retracement in the oil price that eased de-anchored consumer inflation concerns.

Source  Fxstreet1773717486
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