Forex markets have remained subdued since the beginning of the week, with the US Dollar (USD) holding near 99.00 as depicted by the US Dollar Index (DXY).

The Dow Jones Industrial Average trades near 52,900, roughly 190 points lower, in the first session since Friday. Crude Oil has risen for six days running and the two-year Treasury yield sits at its highest since January 2025. Neither is an equity story by itself.

National Bank of Canada's (NBC) Stéfane Marion and Kyle Dahms note that the US Dollar (USD) has weakened broadly in Q3 even as the United States (US) economy remains at full employment.

Dow Jones futures fall by 0.92% to trade near 52,950 during European hours on Tuesday. Meanwhile, S&P 500 futures decline by 0.41% to trade below 7,700, while Nasdaq 100 futures lose 0.24% to trade below 29,500.

The US Dollar (USD) recovers its early losses and turns marginally positive during the European trading session on Tuesday. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades marginally higher to near 98.95.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the second straight day and drops to an over two-week low during the Asian session on Tuesday.

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, extends its decline on Monday as a sharp rally in the Japanese Yen (JPY) outweighs support from elevated geopolitical tensions and Federal Reserve (Fed) interest rate hike expectations.

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) weakened on broad Japanese Yen strength before partially recovering as strong US August payrolls revived expectations for a September Fed hike.

ING’s Chris Turner notes that resilient global equities and an above-consensus US jobs report mean the Dollar should be stronger, but risk appetite is capping gains. He highlights upcoming US CPI and Treasury auctions as key catalysts.

OCBC’s Christopher Wong notes that stronger US payrolls initially lifted the US Dollar (USD) and US Dollar Index (DXY), but softer wage growth and only modest Fed repricing capped gains.

Dow Jones futures are down by 0.32% to trade near 53,270 during European hours on Monday. Meanwhile, S&P 500 futures steady near 7,720, while Nasdaq 100 futures advance by 0.31% to trade around 29,660. The US stock market will be closed Monday for the Labor Day holiday.

BNY’s Geoff Yu notes that strong U.S. payrolls have lifted September Fed hike odds back toward 60%, leaving rate expectations highly data-dependent as the Fed enters its blackout.

MUFG’s Lloyd Chan notes the Dollar strengthened after a stronger-than-expected August US jobs report, with Nonfarm Payrolls and labour participation surprising to the upside while wage growth eased.

Commerzbank’s Thu Lan Nguyen notes that the latest US labour market report does not materially alter expectations for a September Fed rate move, leaving August US inflation as the key driver.

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 99.20 in the early Asian trading hours on Monday. The DXY edges higher amid a ramp-up in US rate hike bets.

The Dow Jones Industrial Average trades just short of 53,400, roughly 325 points or 0.6% lower on Friday, after August Nonfarm Payrolls (NFP) printed 162K against a 56K forecast at 12:30 GMT and pushed the probability of a September hike above 60%.

The United States Dollar Index (DXY) rises some 0.17% following a stellar Nonfarm Payrolls report, with the economy creating nearly three times as many jobs as expected by most economists, as revealed by the Bureau of Labour Statistics (BLS).

ING’s James Knightley notes that stronger-than-expected US August jobs data, with 162,000 new positions and upward revisions, has increased the perceived likelihood of a September Federal Reserve rate hike.

The US Dollar (USD) is marginally up on Friday ahead of the United States (US) Nonfarm Payrolls (NFP) data for August, which will be published at 12:30 GMT.

ING’s Chris Turner notes that dovish comments from Federal Reserve official Christopher Waller have pushed US yields and the Dollar lower, while supporting equities and high-yielding FX.

OCBC’s Christopher Wong notes that the Dollar Index (DXY) has eased alongside lower UST yields after Fed Governor Waller signalled a preference to keep rates unchanged in September if disinflation persists.

Dow Jones futures inch lower by 0.06% to trade near 53,710 during European hours on Friday. Meanwhile, S&P 500 futures advance by 0.06% to trade near 7,760, while Nasdaq 100 futures rise by 0.38% to trade around 29,640.

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 in the early European trading hours on Friday.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 99.00 during Asian hours on Friday.

The Dow Jones Industrial Average closed just under 53,700 on Thursday, up roughly 620 points and close to 1.2%, its strongest session since August 4, after a Fed governor said he would be inclined to support holding rates at the September 15-16 meeting if the next two weeks of inflation data behave.

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, slides below 99.00 to its lowest level in over a week on Thursday. At the time of writing, DXY trades around 98.90, down 0.67% on the day, after reaching 99.86 on Wednesday.

The Dow Jones Industrial Average trades near 53,750, up 1.3% and on track for its strongest session since early August, after a Fed governor said he would be inclined to support holding rates at the September 15-16 meeting if the inflation data due over the next two weeks keep behaving.

The US Dollar (USD), as measured by the US Dollar Index (DXY), is showing signs of floor-building following a volatile month, as the heavy hedging pressure triggered by a dovish reading of the July Federal Open Market Committee (FOMC) meeting subsides.

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is softer mainly against the Japanese Yen and Swiss Franc, with Brent Oil nearing $100.

Dow Jones futures gain by 0.18% to trade near 53,220 during European hours on Thursday. Meanwhile, S&P 500 futures advance by 0.16% to trade near 7,690, while Nasdaq 100 futures inch higher by 0.03% to trade around 29,200.