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Forex Today: US Dollar rises as Gulf tensions lift, Oil and Canadian inflation cool

The US Dollar Index (DXY) rises around 0.2% toward 101.00 as higher United States (US) Treasury yields and escalating tensions in the Middle East support the Greenback.

Source  Fxstreet1784580233
United States Dollar Index advances as Middle East tensions drive demand

The US Dollar Index (DXY) edges higher on Monday as heightened tensions in the Middle East drive demand for the safe-haven Greenback.

Source  Fxstreet1784572221
Dow Jones Industrial Average sits out a rally priced for a peace nobody has scheduled

The Dow Jones Industrial Average trades near the 52,000 handle on Monday, down roughly 100 points, while the S&P 500 adds 0.4% and the Nasdaq Composite climbs 0.9%, with all three coming off a losing week.

Source  Fxstreet1784564517
US Dollar Index: Higher energy supports DXY recovery – ING

ING’s Chris Turner notes that deteriorating Gulf headlines and higher energy prices are keeping the Dollar supported, even if US Dollar Index (DXY) remains about 1% below its June peak.

Source  Fxstreet1784546140
Dow Jones futures advance as traders expect Fed to hold rates steady in July

Dow Jones futures gain 0.14% to trade around 52,450 during European trading hours on Monday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.26% and 0.50%, trading near 7,520 and 28,920, respectively.

Source  Fxstreet1784535482
US Dollar: Growth data guide Fed expectations – BNY

BNY’s Geoff Yu notes that softer United States (US) inflation has eased pressure for a more hawkish Federal Reserve (Fed) path, shifting focus to S&P Purchasing Managers' Index (PMI) data for confirmation that growth remains resilient.

Source  Fxstreet1784531745
US Dollar Index Price Forecast: Steadies above 100.50, with bullish bias intact above key support

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 100.75 in the early European trading hours on Monday.

Source  Fxstreet1784530339
United States Dollar Index struggles to lure buyers despite Iran tensions, Fed hike bets

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on a modest Asian session uptick on Monday and currently trades around the 100.80-100.75 region, nearly unchanged for the day.

Source  Fxstreet1784514696
Dow Jones Industrial Average fades its own good news as the hawks take the last word

The Dow Jones Industrial Average trades near 52,250 on Friday, down nearly 300 points late in the month's strangest session.

Source  Fxstreet1784311562
US Dollar Index holds as mixed US data limits upside

The US Dollar Index (DXY) trades nearly unchanged around 100.70 on Friday after surrendering part of its initial advance.

Source  Fxstreet1784308021
US Dollar: Risk-off support and DXY downside risks – Scotiabank

Scotiabank’s Shaun Osborne and Eric Theoret note the US Dollar (USD) is broadly firmer as risk aversion dominates, with equities weaker and Oil higher.

Source  Fxstreet1784300837
US Dollar: Low volatility risks and summer outlook – ING

ING strategists Francesco Pesole and Frantisek Taborsky note that DXY-weighted short-term implied volatility has dropped to 2021 levels, despite geopolitical tensions and Federal Reserve risks. Pesole argues that AI-driven equity resilience is anchoring currencies and supporting carry trades.

Source  Fxstreet1784296419
US Dollar: Energy shock may delay renewed downtrend – MUFG

MUFG’s Derek Halpenny notes that ongoing Middle East conflict, stronger United States (US) data and crude Oil risks are limiting US Dollar (USD) selling. Better manufacturing and retail figures have not shifted Fed expectations much, but a full hike remains priced by year-end.

Source  Fxstreet1784291443
US Dollar: Steadies on risk-off flows – BBH

Brown Brothers Harriman’s Elias Haddad notes that the Dollar has recovered part of this week’s losses as a tech-led equity selloff spurs a modest flight to safety.

Source  Fxstreet1784287485
US Dollar: Smile narrative supports gradual gains – OCBC

OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) remains supported by its yield advantage and safe-haven status, with FX moves still fitting the USD smile framework.

Source  Fxstreet1784279827
Dow Jones futures slip ahead of Michigan Consumer Sentiment Index

Dow Jones futures fall by 0.65% to trade around 52,440 during European trading hours on Friday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.88% and 1.69%, trading near 7,510 and 28,730, respectively. Traders await the preliminary Michigan Consumer Sentiment Index for July.

Source  Fxstreet1784274369
United States Dollar Index Price Forecast: Loses traction near 23.6% Fibo., near 100.85

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers following an uptick on Friday, stalling its recovery from a nearly one-month trough, around the 100.35 region touched earlier this week.

Source  Fxstreet1784273695
United States Dollar Index consolidates above 100.50 as traders look to Trump's speech

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen oscillating in a narrow range just above the 100.50 level as traders await US President Donald Trump's speech.

Source  Fxstreet1784250346
The Dow Jones Industrial Average discovers the virtue of owning no semiconductors

The Dow Jones Industrial Average added roughly 160 points, or 0.3%, to trade near 52,800 on Thursday while the S&P 500 slipped 0.2% and the Nasdaq Composite shed 0.9%.

Source  Fxstreet1784219201
US Dollar Index: Decline seen overdone – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) has steadied near a one‑month low after softer United States (US) Producer Price Index (PPI) and Consumer Price Index (CPI) data weighed on Fed funds pricing.

Source  Fxstreet1784205001
US Dollar: Losing more ground – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note the Dollar remains under pressure after softer US CPI and PPI data, with FX volatility declining and Brent around $85.

Source  Fxstreet1784194736
US Dollar: Softer inflation weighs on outlook – MUFG

MUFG’s Lee Hardman notes that the US Dollar has weakened, with the US Dollar Index (DXY) moving back towards 100.00 as softer June CPI and PPI data point to a lower monthly core PCE reading and reduced pressure on the Federal Reserve to tighten policy.

Source  Fxstreet1784190284
Dow Jones futures remain subdued ahead of US Retail Sales, Jobless Claims data

Dow Jones futures edge lower by 0.02% to trade around 52,890 during European trading hours on Thursday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.06% and 0.24%, trading near 7,610 and 29,620, respectively.

Source  Fxstreet1784188348
US Dollar Index Price Forecast: Waning hawkish Fed bets back more downside

The US Dollar (USD) remains under pressure as traders have repriced the Federal Reserve’s (Fed) interest rate hike expectations. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, holds onto Wednesday’s losses near 100.48.

Source  Fxstreet1784186973
United States Dollar Index struggles near 100.50, multi-week low amid fading Fed hike bets

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating around the 100.50 region during the Asian session on Thursday, close to the nearly four-week low touched the previous day.

Source  Fxstreet1784168597
Dow Jones Industrial Average toasts peak inflation, then drops the glass

The Dow Jones Industrial Average spent most of Wednesday rewarding the disinflation trade and the final two hours dismantling it.

Source  Fxstreet1784134720
US Dollar: Limited downside after CPI – BBH

Brown Brothers Harriman’s Elias Haddad notes the Dollar has steadied after its post-CPI slide, with US economic outperformance, a higher-for-longer Federal Reserve stance and strong foreign demand for US securities limiting further downside.

Source  Fxstreet1784124875
US Dollar: Fed expectations weigh on Dollar – Commerzbank

Commerzbank’s Volkmar Baur notes that softer US inflation has reduced expectations for Federal Reserve rate hikes and pressured the US Dollar. June headline and core inflation fell more than consensus, leading markets to price out roughly half a hike by year-end.

Source  Fxstreet1784116615
US Dollar: Softer inflation trims yield upside – MUFG

MUFG’s Lloyd Chan notes that softer US inflation in June has reduced upside risks to US yields, leading markets to unwind much of the July Federal Reserve hike pricing and scale back tightening expectations for 2026.

Source  Fxstreet1784104381
Dow Jones futures edge lower as traders weigh on US-Iran tensions

Dow Jones futures inch lower by 0.04% to trade around 52,770 during European trading hours on Wednesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.19% and 0.79%, trading near 7,600 and 30,030, respectively.

Source  Fxstreet1784101332
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