Deutsche Bank analysts highlight a powerful rebound in US equities, with the S&P 500 posting its best daily gain since May last year as Iran-related headlines boosted risk sentiment.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and hovering around 99.80 during the Asian hours on Wednesday.

The US Dollar Index (DXY) is down 0.50% on Tuesday and counting, testing below the 100.00 handle for the first time since mid-March, snapping a five-session winning streak.

The Dow Jones Industrial Average jumped around 500 points, or roughly 1.0%, on Tuesday as investors staged a recovery attempt on the final trading day of March. The S&P 500 gained 1.5% and the Nasdaq Composite advanced 2%.

ING’s Chris Turner argues the Dollar (USD) could ease as US light crude trades above $100 and markets look for signs of de-escalation in the Middle East. A relaxed Federal Reserve (Fed) tone has pushed money markets back toward pricing a rate cut by year-end.

Rabobank’s Global Strategist Michael Every argues US strategic aims in Gulf War 3 and control of Middle East energy could reshape US hegemony and the Dollar’s backdrop.

Dow Jones futures rise, up by 0.81%, above 45,800 during European hours, ahead of the United States (US) regular market open on Tuesday. Meanwhile, S&P 500 and Nasdaq 100 futures advance 0.78% and 0.54% to near 6,440 and 23,260, respectively, at the time of writing.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, retreated from its highest level since May 2025, touched during the Asian session this Tuesday, snapping a five-day winning streak.

The US Dollar Index (DXY) rose to the 100.50 region, holding firm amid safe-haven demand following hawkish remarks by United States (US) President Donald Trump, who warned that the US could take a tougher stance against Iran if tensions continue to escalate.

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, extends its advance on Monday, climbing back toward the ten-month highs reached earlier this month as demand for the US Dollar (USD) remains firm amid escalating tensions in the Middle East.

The Dow Jones Industrial Average (DJIA) traded higher on Monday, adding back around 415 points in a thin recovery from last week's late plunge as President Donald Trump suggested a resolution to the war with Iran may be within reach. The S&P 500 rose 0.5% and the Nasdaq Composite gained 0.3%.

ING’s Chris Turner notes the Dollar (USD) remains supported as Middle East tensions persist and US trading partners resort to intervention, tighter policy or regulatory measures to defend their currencies.

Dow Jones futures gain 0.20% to above 45,500 during European hours, ahead of the United States (US) regular market open on Monday. Meanwhile, S&P 500 and Nasdaq 100 futures rise 0.30% and 0.25% to near 6,430 and 23,390, respectively, at the time of writing.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, retreats slightly from the vicinity of the monthly top, around the 100.30 region, retested earlier this Monday.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades marginally lower near 100.15 in the Asian trading session on Monday after retracing from its intraday high of 100.35. Still, the USD Index is close to its two-week high.

S&P 500 futures fall around 0.6% to 6,370, seven-month lows, during Asian trading hours, ahead of the US regular session open on Monday. US equity futures remain under pressure as risk aversion rises, with uncertainty over a resolution to the Iran conflict deepening.

The Dow Jones Industrial Average tumbled on Friday, shedding roughly 510 points or 1.1% to fall below 45,500 and officially enter correction territory.

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that global risk sentiment is deteriorating as Oil rises, equities and bonds fall, and the Dollar strengthens.

Nordea’s Jan von Gerich observes that recent equity weakness has not produced a stronger Dollar, suggesting its traditional safe-haven role is less dominant than before.

MUFG’s Derek Halpenny notes that the US Dollar’s initial weakness after President Trump extended the pause in attacks on Iran’s energy assets has been short-lived, with DXY only slightly lower.

DBS analysts Philip Wee and Chang Wei Liang argue that the Dollar’s (USD) broader downtrend has been interrupted by war-related haven demand and elevated Oil prices.

The US Dollar Index (DXY) rallied about 0.3% on Thursday, climbing from a session low around 99.56 to trade close to 99.90 as the Greenback continued to attract safe-haven interest for a third consecutive trading day.

The US Dollar Index (DXY) surged to near 99.90, holding steady as safe-haven demand amid Middle East tensions and rate differentials underpinned the Greenback amid a cautious market mood.

The Dow Jones Industrial Average fell around 230 points, or roughly 0.5%, on Thursday, giving back the previous session's gains as surging Oil prices and collapsing ceasefire optimism crushed risk appetite. The S&P 500 dropped 0.8%, while the tech-heavy Nasdaq Composite shed 1.1%.

The US Dollar Index (DXY), which measures the Greenback’s value against a basket of six major currencies, holds firm on Thursday as the US Dollar remains well supported amid ongoing geopolitical tensions surrounding the US-Israel war with Iran.

Brown Brothers Harriman’s (BBH) Elias Haddad notes renewed risk aversion is lifting the Dollar as the Iran conflict escalates, with Oil higher and global equities and bonds weaker.

BNY strategist Geoff Yu argues that rising European real yields are increasingly offsetting traditional support for the Dollar from higher US real rates. He notes that the spread between US and European real rates has stayed tight, limiting further Dollar upside.

Dow Jones futures decline 0.39% below 46,550 during European hours, ahead of the United States (US) regular market open on Thursday. Meanwhile, S&P 500 and Nasdaq 100 futures fall 0.40% and 0.44% to near 6,610 and 24,250, respectively, at the time of writing.

Markets were driven by a shift in geopolitical sentiment as reports of potential ceasefire talks initially eased tensions. However, uncertainty quickly resurfaced after Iran signaled reluctance to engage with the United States, highlighting fragile diplomatic progress and keeping markets on edge.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that global risk sentiment has improved as markets position for a potential conflict resolution involving Iran, with DXY consolidating below 100.00.