ING strategist Francesco Pesole notes that despite higher Oil prices and geopolitical uncertainty, the Dollar has only found limited support as resilient US equities and month‑end flows weigh on USD performance.

Deutsche Bank analysts observe that United States (US) equities continue to outperform, with the S&P 500 and NASDAQ reaching fresh record highs even as global risk sentiment remains cautious.

United States (US) equity markets trade with caution at the start of the European trading session on Tuesday. As of writing, S&P 500 futures are down 0.16% to near 7,160, and Dow Jones futures are flat slightly below 49,200.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 98.50 during the Asian hours on Tuesday.

The US Dollar Index (DXY) is trading cautiously near the 98.50 level as markets prepare for a busy week of central bank meetings.

Dow Jones Industrial Average (DJIA) futures traded around 0.4% lower on Monday, slipping to near 49,100 after dipping briefly below 49,050 earlier in the session.

TD Securities strategists Oscar Munoz and Eli Nir outline a busy United States (US) data calendar that will guide US Dollar (USD) traders, including Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index inflation, ISM manufacturing and consumer confidence.

BNY's Bob Savage notes that the US Dollar (USD) is slightly softer as record-high equities hold despite higher Oil prices and mixed United States (US) futures.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds its losses suffered after giving back opening gains around 98.30 during the European trading session on Monday, ahead of the United States (US) markets opening.

Societe Generale’s Kit Juckes notes the US Dollar (USD) is currently soft as markets react to hopes of a Gulf peace deal and the end of a United States (US) Department of Justice (DoJ) probe into Federal Reserve (Fed) Chair Powell.

Dow Jones futures falls 0.16%, trading near 49,300 during the European hours on Monday, ahead of the United States (US) regular opening. Meanwhile, S&P 500 and Nasdaq 100 futures decline 0.10% and 0.06% to near 7,190 and 27,420, respectively.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, turns lower for the second straight day on Monday and moves further away from a one-week high, around the 99.00 mark touched last Thursday.

ING analysts Chris Turner notes the US Dollar (USD) starts the week slightly offered as investors focus on positive geopolitical and political developments, but highlights that high Oil prices and elevated rates keep risks alive.

The US Dollar Index (DXY) is losing momentum near the 98.50 price zone and continues drifting lower from recent highs as markets unwind part of the recent US Dollar (USD) rally despite still strong United States (US) data and ongoing Middle East tensions.

MUFG’s Derek Halpenny argues that the ongoing United States (US) blockade in the Strait of Hormuz is building a significant inflation shock for the US and globally, with Oil and input costs surging.

Dow Jones Industrial Average (DJIA) futures are trading broadly flat in the early afternoon GMT on Friday, holding above 49,100 after a choppy session that saw prices swing between 48,900 and 49,500.

The US Dollar (USD) remains strong against its main peers on Friday, with the USD Index (DXY) steady at the upper range of the 98.00s, as investors are reluctant to take excessive risks. The DXY is on track for a 0.4% weekly gain as tensions between the US and Iran escalate.

Deutsche Bank analysts note that strong United States (US) Purchasing Managers' Index (PMI) data have reinforced perceptions of economic resilience and rising price pressures, leading markets to scale back expectations for Federal Reserve (Fed) rate cuts.

ING’s Chris Turner notes that Gulf tensions and broadening inflation pressures are keeping investors wary of short US Dollar (USD) positions. He highlights firm short-dated US yields as markets price a stagflationary oil shock and a potentially more hawkish Federal Reserve (Fed).

Dow Jones futures pares its daily losses but remain in the negative territory, declining by 0.13%, trading above 49,400 during the European hours on Friday, ahead of the United States (US) regular opening.

Commerzbank’s Michael Pfister discusses how US allies in Middle East and Asia are seeking Dollar swap lines as conflicts curb energy exports and tourism.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto gains near the weekly high around 99.00 in the Asian trade on Friday.

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.