The US Dollar Index (DXY) fell toward the 98.90 region on Friday as improving market sentiment linked to developments in the Middle East reduces demand for safe-haven assets.

The Dow Jones Industrial Average (DJIA) punched out a fresh intraday record near 51,050 with the bid traceable to a Truth Social post in which President Donald Trump declared he would be in the Situation Room making a "final determination" on the US-Iran agreement and laid out terms that sounded sus

Brown Brothers Harriman’s Elias Haddad notes that resilient US growth and sticky PCE inflation keep the Dollar supported despite improved risk sentiment from progress on a US-Iran deal.

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the Dollar has softened after news of a tentative ceasefire extension between the US and Iran, but remains stronger than in early May.

Dow Jones futures climb 0.09% to near 50,790, while S&P 500 futures rise 0.14% toward 7,600. Meanwhile, Nasdaq 100 futures gain 0.13%, trading near 30,350 during the European hours on Friday, ahead of the US regular opening.

The US Dollar (USD) trades cautiously as the appeal of safe-haven assets has diminished due to renewed optimism over the United States (US)-Iran deal.

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 99.00 during the Asian trading hours on Friday.

The Dow Jones Industrial Average (DJIA) sat a hair higher into the New York afternoon, up roughly 0.10% on the day, which sounds respectable until you look sideways at the S&P 500 (+0.55%) and the Nasdaq (+0.79%) and notice the blue chips spent the session bringing up the rear.

The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, trims earlier gains on Thursday as traders react to fresh geopolitical headlines surrounding US-Iran negotiations.

MUFG’s Derek Halpenny and Abdul-Ahad Lockhart highlight that renewed Middle East conflict risks and rising Oil prices are reinforcing upside risks for the Dollar. They note that higher energy costs are fuelling inflation concerns at the Federal Reserve, with officials turning more hawkish.

BNY’s Geoff Yu notes that strong U.S. equity performance and broad Dollar buying have left global asset allocators heavily exposed to the Dollar into month-end.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar Index (DXY) has rallied to its highest level since early April as markets react to shifting Iran war sentiment and firmer United States (US) data.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some follow-through buying for the third straight day and climbs to a fresh high since April 4, around the 99.54 area on Thursday.

DBS Group Research economist Philip Wee notes that the US Dollar Index (DXY) is consolidating in a tight range as markets price optimism over a potential US-Iran peace deal and reopening of the Strait of Hormuz.

Commerzbank’s Michael Pfister notes that if negotiations with Iran fail to progress, markets will turn to a heavy slate of US data, including the second estimate of first-quarter GDP and key PCE inflation readings.

The US Dollar (USD) attracts significant bids in the Asian trading session on Thursday, as Iran retaliates against the United States (US) attack near Bandar Abbas airport, Tasnim agency reported.

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, reverses earlier losses on Wednesday as traders digest the latest developments surrounding US-Iran negotiations.

The US President Donald Trump crossed the wires and said that the US is not easing sanctions on Iran and that the US would not unfreeze Iranian assets. He added that he is “not comfortable with Russia or China taking Iran’s stockpile of highly enriched uranium.”

The Greenback traded in a vacillating fashion on Wednesday, always against the backdrop of the unabated uncertainty surrounding the Middle East conflict, at the time when bets for Fed rate hikes continued to gather pace.

The Dow Jones Industrial Average (DJIA) is having its moment, holding a modest gain near 50,700 in the mid-session while the S&P 500 and Nasdaq Composite quietly leak red.

Brown Brothers Harriman’s (BBH) Elias Haddad notes improving risk sentiment as Iran-related worries ease, with Oil softer, US equities firmer and yields retracing.

The US Dollar (USD) is trading sideways against its main peers on Wednesday. The US Dollar Index (DXY), which measures the value of the Dollar against a basket of peers, flatlines around 99.00 at the time of writing, halfway through the weekly range, with investors awaiting clarity from Iran’s war.

US stock futures ticked higher during European trading on Wednesday ahead of the Wall Street opening bell. Dow Jones futures climb 0.24% to clear 50,650, while S&P 500 futures rise 0.15% toward 7,550. Meanwhile, Nasdaq 100 futures gain 0.23%, trading near 30,150.

Rabobank’s Molly Schwartz notes that United States (US) Treasury yields were mostly flat with a slight bull-steepening bias, while the US Dollar Index (DXY) was little changed. She highlights that the US OIS curve still prices a high probability of further rate hikes.

Deutsche Bank analysts note the S&P 500 hit a fresh record, extending its year-to-date gain to nearly 10%, supported by renewed AI enthusiasm and easing fears around the US-Iran situation.

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 99.10 during the early European trading hours on Wednesday.

The Dow Jones Industrial Average (DJIA) is the odd one out following a long weekend, and that should bother anyone leaning into this rally.

Rabobank strategists Jane Foley and Molly Schwartz note that speculative US Dollar (USD) positioning has slipped into net short territory for the first time since early March, after safe-haven flows linked to the Iran war had previously supported the Dollar.

MUFG analysts note the US Dollar’s mixed performance as markets reassess Fed policy amid stronger inflation data and rising yields. They highlight the 2-year Treasury yield hitting new highs and see scope for further upside in US rates.

Brown Brothers Harriman's (BBH) Elias Haddad reiterates its constructive view on the Dollar Index (DXY), warning it may overshoot the upper end of its 96.00-100.00 range in the near term.