The US Dollar Index (DXY), which measures the Greenback's value against a basket of six major currencies, extends its advance on Friday and is set for a second consecutive weekly gain amid escalating Middle East tensions, which continue to boost demand for the US Dollar (USD).
Rabobank’s FX Strategy team argues the Dollar’s safe haven role has been confirmed by recent Middle East tensions and associated market stress.
The US Dollar Index (DXY) extends its advance on Friday, trading around 100.10 at the time of writing and gaining 0.35% for the day.
TD Securities expects robust US core PCE at 0.30% month-on-month and a softer headline, alongside a rebound in JOLTS job openings to 6.8 million, slightly above consensus.
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar is supported as markets focus on risks to shipping through the Strait of Hormuz and higher Oil prices. With Brent above $100 and stagflation concerns weighing on bonds and stocks, USD is near cyclical highs.
MUFG’s Senior Currency Analyst Lloyd Chan highlights that the recent Oil price shock is reinforcing upside inflation risks in the United States and complicating the Federal Reserve’s policy outlook.
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 99.70 during the Asian trading hours on Friday.
The new Supreme Leader of Iran, Mojtaba Khamenei, said that attacks on neighboring country military bases will inevitably continue, also adding that “Iran will not refrain from avenging the blood of its martyrs”.
The Greenback picks up further pace on Thursday, largely exceeding the 99.00 hurdle to hit fresh multi-month tops while nearing the psychological 100.00 hurdle when tracked by the US Dollar Index (DXY).
Brown Brothers Harriman’s (BBH) Elias Haddad argues the US Dollar is supported in the short term by haven flows and elevated Dollar funding needs during market stress.
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 99.35 during the Asian trading hours on Thursday. The DXY edges higher amid further escalation in the Middle East conflict.
The conflict between the United States (US), Israel and Iran continues apace after Iran's military commented that the world should be prepared for Oil to hit $200 a barrel. Iran has kept the Strait of Hormuz closed and attacked three vessels near it on Wednesday.
DBS Group Research strategist Philip Wee argues that the DXY Index’s failed breach of 99.7 signals a turning point for 2026 risk sentiment, as the fading "energy apocalypse" trade and G7/IEA actions reduce safe-haven demand for the Dollar.
Deutsche Bank analysts note that US equities remain relatively resilient despite sharp intraday swings. The S&P 500 slipped slightly and closed well off its highs, while futures recovered overnight.
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 98.80 during the early European trading hours on Wednesday.
Better market sentiment is taking its toll on the Greenback as stabilizing Oil prices give riskier positions more appeal to investors.
The US Dollar Index (DXY) fell into 98.50 on Tuesday, pulling back from last week's highs as safe-haven demand eased following President Trump's comments suggesting the Iran war is nearing its end.
The Dow Jones Industrial Average rose to retest chart territory north of 48,000 on Tuesday, building on Monday's dramatic reversal. The S&P 500 and the Nasdaq Composite both gained ground as well as equity markets execute a broad turnaround.
TD Securities strategists argue the Dollar is acting as a conditional safe haven during the Iran-related shock, helped by the US economy’s relative insulation and prior short USD positioning.
Pete Hegseth, United States (US) Secretary of War, said that Iran made a big mistake targeting its neighbors at a Pentagon briefing alongside Chairman of the Joint Chiefs of Staff General Dan Caine on Tuesday
MUFG’s Senior Currency Analyst Lee Hardman notes the US Dollar has weakened as President Trump’s comments reduced fears of a prolonged Middle East conflict and Oil reversed sharply from recent highs.
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 98.90 during the early European trading hours on Tuesday. The DXY edges higher amid uncertainty and persistent geopolitical risks in the Middle East.
The US Dollar Index (DXY) slipped about 0.2% on Monday after touching a 15-week high near 99.70 in the early session. The index gapped higher at the open before sellers stepped in, pushing price back toward the 99.00 area by the close and leaving a long upper wick on the daily candle.
United States (US) President Donald Trump told NBC News that he did not want to discuss whether he would like the US to seize iranian Oil, adding that he believes its too soon to talk about it on Monday.
The Dow Jones Industrial Average (DJIA) opened sharply lower on Monday as a weekend escalation in the US-Iran conflict sent crude Oil prices surging past $100 per barrel.
TD Securities analysts argue that ongoing Iran‑related tensions and an Oil price spike are restoring the US Dollar’s safe‑haven behavior.
DBS Group Research economist Philip Wee argues that the US Dollar’s traditional safe-haven role is being undermined as it failed to benefit from risk aversion despite higher Oil prices and geopolitical tensions.
MUFG’s Senior Currency Analyst Lee Hardman notes that the surge in Oil prices linked to the Middle East conflict is reinforcing US Dollar strength, especially versus high-yielding emerging market currencies.
Dow Jones futures fall 1.74% to trade below 46,700 during European hours ahead of the US regular market open on Monday. S&P 500 and Nasdaq 100 futures decline 1.61% and 1.75% to trade below 6,650 and 24,250 at the time of writing.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, opened with a bullish gap and touched a fresh high since November 2025, around the 99.70 area, at the start of a new week.