ING’s Chris Turner, Francesco Pesole and Frantisek Taborsky note the Dollar starts the week soft as markets await US policy signals from the White House.

OCBC’s Sim Moh Siong and Christopher Wong note that the US Treasury’s expanded long-end buyback programme has revived market fears of Dollar debasement, driving a weaker USD, stronger Gold and higher breakevens.

MUFG’s Derek Halpenny notes the US Dollar is broadly stable as investors focus on US Treasury actions to contain long-term yields and renewed talk of Dollar debasement.

BNY’s Geoff Yu highlights that markets will focus on Kevin Warsh’s first Jackson Hole appearance, with July PCE data seen as a precursor for U.S. rates and Dollar moves.

Dow Jones futures remain subdued around 53,350 during European hours on Monday. Meanwhile, S&P 500 futures decline by 0.17%, to trade near 7,680, and Nasdaq 100 futures fall by 0.65% to trade around 29,200.

MUFG’s Lloyd Chan notes that the Dollar has extended its recent soft patch even as US Q3 GDP forecasts are upgraded to 2.5% annualized from 2.0%. Elevated fiscal deficits and long-end Treasury yields are weighing on sentiment.

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 in the Asian trading hours on Monday.

The US Dollar Index (DXY) ended the week near even with Thursday, holding near 98.80. Like Thursday, DXY traded down to the 98.50s before recovering later in the session.

The Dollar Index trades just beneath 99.00 and unchanged on the session, with the entire day fitting inside 35 pips between the 98.50 area and a high that stopped a shade short of the handle.

The Dow Jones Industrial Average trades roughly 430 points higher at just above 53,200, taking back the larger part of a Thursday decline that ran close to 690 points.

TD Securities strategists argue that Kevin Warsh’s Jackson Hole speech will focus on structural themes such as productivity, AI-driven growth and Federal Reserve (Fed) regime change.

TD Securities strategists argue that the United States (US) Treasury buyback announcement has reinforced bearish momentum for the Dollar.

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is weaker against all major currencies as longer-term US Treasury yields edge lower following buyback plans. Haddad argues expanded buybacks and fiscal messaging may cap long-end yields but at a credibility cost for the USD.

The US Dollar Index (DXY) is broadly consolidating near the 99.00 level as investors process the US Treasury's expanded long-end bond buyback and a modest rebound in Treasury yields.

MUFG’s Derek Halpenny notes that the US Dollar has weakened as investors focus on potential US Treasury measures to stem the decline in Treasury yields, while Japanese inflation data supports expectations for a 25bp BoJ rate hike in September.

ING’s Chris Turner, Francesco Pesole and Frantisek Taborsky argue that recent US Treasury buy-backs are primarily a signalling tool against high yields, pointing to a softer Dollar in a risk-friendly environment.

DBS Group Research economist Chang Wei Liang notes that the Dollar has firmed slightly as US Treasury yields recover, with DXY consolidating near 99.00 after the US Treasury expanded long-end bond buybacks.

Dow Jones futures gain 0.13% to trade above 52,900 during European hours on Friday. Meanwhile, S&P 500 futures remain up by 0.18%, to trade near 7,680, and Nasdaq 100 futures advance by 0.38% to trade above 29,400.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after registering minor gains in the previous day and trading around 98.80 during the early European hours on Friday.

Commerzbank’s Volkmar Baur notes the US Dollar remains under pressure as EUR/USD trades around 1.17 following the US Treasury’s expansion of its Liquidity Support Buyback Operations.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts fresh sellers during the Asian session on Friday, stalling the previous day's modest bounce from the vicinity of mid-98.00s, or the lowest since May 14.

Wednesday bought the bond market one session of calm and the Dow Jones Industrial Average spent Thursday paying for it with interest.

The US Dollar Index (DXY) is hovering near 98.90, still short of 100.00, but grinding higher on Thursday. Hawkish commentary from Federal Reserve Bank of St.

The Dollar Index has spent Thursday building a floor just above 98.50 and defending it with everything the calendar had to offer, and the entire effort is worth roughly a tenth of a point.

The Dow Jones Industrial Average trades near 53,050, more than 400 points lower on the session, after two of the strongest American data points of the month arrived in the same 12:30 GMT block and were sold on delivery.

Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is extending losses to its weakest level since mid-June as markets react to the US Treasury’s decision to double bond buybacks.

The US Dollar (USD) has extended its decline following the US Treasury’s unexpected decision to double its long-end bond buybacks, an intervention designed to push down long-term borrowing costs.

DBS Group Research strategist Chang Wei Liang notes ongoing Dollar weakness after the US Treasury unexpectedly doubled long-dated bond buybacks, pushing DXY below 99.

Brown Brothers Harriman (BBH) notes that US long-term Treasury yields have retraced most of their decline following the Treasury’s expanded buyback announcement, while the US Dollar (USD) remains under pressure.

MUFG’s Derek Halpenny and Abdul-Ahad Lockhart highlight that the US Treasury’s unscheduled expansion of long-end buybacks triggered the largest daily US Dollar drop since March outside intervention episodes.