It’s not unusual for the highly efficient FX market to be more forward-looking than other asset classes. In this case, it appears that the US Dollar (USDD) is embedding the narrative that the US reopening will lead to softer data and a dovish Fed repricing, ING's FX analyst Francesco Pesole notes.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.15 during the Asian trading hours on Friday.

The Dow Jones Industrial Average (DJIA) took a sharp step back on Thursday, declining around 500 points at its lowest and falling away from record highs posted during the midweek market session.

The US Dollar (USD) is broadly weaker in response the end of the US government shutdown, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The US Dollar is the worst-performing G7 currency on Thursday.

The end of the US government shutdown brings little immediate relief to FX markets, as key October data releases like payrolls and CPI are unlikely to appear soon.

Regular readers of our Daily Currency Briefing will already be familiar with one of my favorited charts, which illustrates market-based inflation expectations. Over the summer, I often wondered when we would see a decline in short-term expectations, i.e. those in one year's time.

US Dollar (USD) traded mixed overnight with softness seen vs. major FX while USD traded modestly firmer vs. most Asian FX including Japanese Yen (JPY). Dollar Index (DXY) was last at 99.32 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Dow Jones futures added 0.24% to trade above 48,450 during European hours ahead of the opening of the United States (US) regular session on Thursday. Moreover, the S&P 500 futures and Nasdaq 100 gained by 0.23% and 0.36%, with trading near 6,900 and 25,700, respectively.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.50 during the Asian trading hours on Thursday.

The Dow Jones Industrial Average (DJIA) caught a firm bid on Wednesday, driving into fresh record highs as investors eased back from overexposure to the AI tech rally and moved deeper into more traditional investing mainstays, primarily major banks and healthcare stocks.

The US Dollar (USD) is trading mixed to slightly firmer as markets consolidate in quiet trade following the break in North American trading yesterday, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The US Dollar (USD) weakened further, with the Dollar Index (DXY) falling 0.2% to 99.4 – its lowest since late October – as hopes grow that the US government shutdown will soon end.

In our 2026 FX outlook published this week, we make the call that the low-volatility environment will extend into 2026 and carry trade strategies will remain popular.

Dow Jones futures gain 0.15% to trade near 48,100 during European hours ahead of the opening of the United States (US) regular session on Wednesday. Moreover, the S&P 500 futures and Nasdaq 100 gained by 0.33% and 0.55%, with trading near 6,900 and 25,800, respectively.

US Dollar (USD) continued to trade mixed in absence of fresh catalyst. DXY was last at 99.50 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining flat after five days of losses and trading around 99.50 during the European hours on Wednesday.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.55 during the Asian trading hours on Wednesday. The DXY edges higher amid hopes for the end of the US government shutdown.

The Dow Jones Industrial Average (DJIA) found some room to move higher on Tuesday, despite a general malaise setting into other major stock indexes as the AI tech rally continues to sputter.

The US Senate passed a bill to end the government shutdown yesterday. The House will vote in the next couple of days, and while a majority isn’t fully guaranteed, expectations are that the bill will pass, ING's FX analyst Francesco Pesole notes.

While the financial markets were almost in a 'celebratory mood' in view of the looming end of the US government shutdown, EUR/USD remained flat yesterday. The price moved within a narrow range around the 1.1550 mark.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, holds steady above mid-99.00s through the Asian session on Tuesday, though it lacks bullish conviction.

The Dow Jones Industrial Average (DJIA) steadies its grip on Monday, starting the new trading week holding near the 47,000 major handle.

The US Dollar (USD) is starting the new week out on a mixed note. News of a potential breakthrough in government shutdown negotiations in the Senate has lifted risk appetite and boosted stocks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

US Dollar (USD) traded mixed this morning, with gains seen vs. low yielding major FX while losses were seen vs. risk-proxy FX, including AUD, KRW. DXY was last at 99.55 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Dow Jones futures gain 0.18% to trade above 47,150 during European hours ahead of the opening of the United States (US) regular session on Monday. Moreover, the S&P 500 futures and Nasdaq 100 gained by 0.70% and 1.24%, with trading around 6,800 and 25,450, respectively.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.65 during the Asian trading hours on Monday. The DXY edges higher amid hopes that the US government shutdown may end soon. 

The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time in almost three weeks as an AI stock pullback and withering consumer survey results drag down both sides of the investment-consumption equation.

US Dollar (USD) retraced some of yesterday’s losses and stock markets stabilized after selling off yesterday. USD will struggle to gain more upside traction as it’s trading above the level implied by US-G6 2-year bond yield spreads.

Having been bid for a week, the dollar finally softened yesterday. The catalyst appeared to be some Challenger layoff data and also some alternative data suggesting October's NFP report, which we were meant to see today, should have fallen by 9k, ING's FX analyst Chris Turner notes.