The US Dollar Index (DXY) rose on Thursday and remains on a winning streak near the 98.70 area, supported by stronger-than-expected US data and persistent geopolitical uncertainty, as conflicting headlines keep markets cautious.

Dow Jones Industrial Average (DJIA) futures are drifting near 49,400 on Thursday, trading just below the flatline after swinging between 49,100 and 49,600 over the past two sessions.

Rabobank’s Global Strategist Michael Every highlights how United States (US) economic statecraft is reinforcing the global role of the US Dollar (USD) through tools such as suspended Dollar shipments to Iraq and potential new swap lines for Gulf and Asian allies.

United States (US) President Donald Trump just announced through Truth Social that he has ordered to "shoot and kill" any boat that is putting mines in the waters of the Strait of Hormuz.

TD Securities strategists argue that Kevin Warsh’s path to the Fed chair and related independence concerns mostly point to a weaker Dollar in 2026.

The US Department of Labor (DOL) reported on Thursday that the number of US citizens filing new applications for unemployment insurance rose to 214K for the week ending April 18, an increase of 6,000 from the previous week's revised level. The previous week's level was revised up from 207K to 208K.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that higher crude Oil prices and rising global bond yields are supporting the US Dollar (USD), with USD firmer against major currencies.

ING’s Francesco Pesole notes that resilient United States (US) equities and higher Oil prices have driven flows away from low-yielding, energy-importer currencies toward the Dollar and commodity FX.

Deutsche Bank strategists report the S&P 500 closed at a fresh record, supported by strong earnings and tech leadership, even as most constituents declined. Futures now point lower as the Iran conflict and higher Oil prices weigh on risk sentiment.

Dow Jones futures fall 0.54% to near 49,400, with S&P 500 and Nasdaq 100 futures also declining 0.39% and 0.36% below 7,150 and 27,000, respectively, during the European hours on Thursday ahead of the United States (US) regular opening.

OCBC strategists Sim Moh Siong and Christopher Wong highlights that stronger United States (US) equities and higher Oil prices are creating an unusual risk mix that is keeping US Dollar (USD) weakness contained.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading around 98.70 during the Asian hours on Thursday.

The US Dollar Index (DXY) held firm near the 98.60 area as investors continued to favor the Greenback amid lingering uncertainty around the US-Iran conflict.

DJIA futures turned higher during the Wednesday US session, with the contract recovering from an overnight low below 49,100 to trade back near 49,500 as risk appetite rebuilt.

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the US Dollar (USD) was largely unmoved by Kevin Warsh’s Senate hearing, as he defended Federal Reserve independence and avoided clear policy guidance.

OCBC strategists Sim Moh Siong and Christopher Wong note that renewed Oil-driven inflation risks are tightening global financial conditions, lifting the US Dollar (USD) as yields rise and risk appetite weakens.

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, holds steady on Wednesday, hovering near one-week highs as the extension of the US-Iran ceasefire is seen as a temporary pause in military escalation rather than a real breakthrough, suggesting th

MUFG’s Derek Halpenny highlights that President Trump’s ceasefire extension has offered only limited relief, with Oil near USD 100 and risk sentiment deteriorating.

Deutsche Bank analysts report that S&P 500 futures are rebounding after the index suffered its worst day since late March, pressured by Iran-related geopolitical risks and a more hawkish Federal Reserve (Fed) outlook.

Dow Jones futures gain 0.59% above 49,600, with S&P 500 and Nasdaq 100 futures also advancing 0.63% and 0.81% to near 7,150 and 26,850, respectively, during the European hours on Wednesday ahead of the United States (US) regular opening.

DBS Group Research economist Chang Wei Liang notes that while oil climbing toward $100 on stalled Iran-US talks has supported the US Dollar, this rebound will be capped by low conflict risks.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering modest gains in the previous day and trading around 98.40 during the Asian hours on Wednesday.

The US Dollar Index (DXY) surged near the 98.40 area, even as Treasury yields edge lower and safe-haven demand fades slightly amid a fragile geopolitical backdrop.

Dow Jones Industrial Average (DJIA) futures eased in Tuesday's session, with the contract printing a fresh overnight high near 49,800 before reversing sharply as traders digested a trio of hotter-than-expected US Retail Sales prints and hawkish testimony from Fed Chair-designate Kevin Warsh.

Dow Jones futures gain 0.14% above 49,700, with S&P 500 and Nasdaq 100 futures also advancing 0.13% and 0.27% to near 7,160 and 26,820, respectively, during the European hours on Tuesday ahead of the United States (US) regular opening.

MUFG’s Senior Currency Analyst Lee Hardman notes the US Dollar (USD) has retreated, with the US Dollar Index (DXY) back towards 98.000, as markets anticipate further de-escalation in the Middle East conflict.

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 98.10 during the Asian trading hours on Tuesday. The DXY trades with mild gains as traders await the developments surrounding the US-Iran talks. 

Heightened tensions in the Middle East, which included the closure of the Strait of Hormuz and the US seizing an Iran-flagged vessel, dominate the narrative in the financial markets as traders wait for the second round of talks between Iran and the US.

Dow Jones Industrial Average (DJIA) futures gapped lower at Sunday's reopen toward the 49,100 area but ground steadily higher through the US session to settle only marginally below Friday's closing handle near 49,400.

MUFG’s Lee Hardman notes that the US Dollar (USD) has rebounded at the start of the week, lifting the Dollar Index (DXY) back towards its 200-day moving average near 98.500 after Friday’s low around 97.63.