The US Dollar Index (DXY) trades with a softer tone near the 99.10 region as improving market sentiment reduces safe-haven demand for the Greenback.
The Dow spent Wednesday hostage to two things it cannot control, the bond market and an Iran headline, and by the time of writing, the headline had won.
OCBC's FX Strategist Christopher Wong observes the Dollar Index (DXY) remains supported as higher UST yields and a softer risk tone underpin demand for the greenback. Christopher Wong emphasises the move is driven more by rates and risk-off dynamics than strong US fundamentals.
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner highlight that higher real US yields and a bond market sell-off are reinforcing Dollar strength. They argue the move is driven by inflation concerns, making it supportive for USD.
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, reflects strength ahead of the United States (US) stock markets' opening near its six-week high of 99.40.
MUFG’s Derek Halpenny argues that US Dollar strength is underpinned by rising US yields and a more hawkish shift from the Federal Reserve. He expects the FOMC minutes to reinforce inflation concerns and limit dovish expectations.
Dow Jones futures inch lower 0.08% to near 49,420 after experiencing volatility during European hours ahead of the United States (US) regular opening on Wednesday. Meanwhile, the S&P 500 gain 0.16% to near 7,390, and the Nasdaq 100 futures advance 0.51% toward 29,100.
DBS Group Research, via Senior FX Strategist Philip Wee, highlights that the USD Index (DXY) has stayed in a defined range even as the US Treasury 10Y yield climbs above 4.50%.
The US Dollar (USD) keeps marching higher on Wednesday, favoured by its safe-haven status, as the uncertain situation in Iran and high Oil prices keep risk appetite subdued.
Commerzbank’s Thu Lan Nguyen notes that markets are shifting towards a scenario of a lasting inflation shock linked to the Middle East conflict, pushing US inflation expectations higher.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and hovering around the six-week high of 99.43, reached on Tuesday, during the Asian hours on Wednesday.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
DBS Group Research economist Philip Wee argues that recent US Dollar (USD) resilience reflects higher-for-longer US yields rather than genuine fundamental strength.
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.
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.
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.
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.