MUFG’s Lloyd Chan reports that June Federal Open Market Committee (FOMC) minutes show policymakers increasingly concerned that US inflation could stay elevated, with some seeing a case for a rate hike.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, trades with a negative bias for the second straight day, though it remains confined within the previous day's range through the Asian session on Thursday.

The US Dollar Index (DXY) trades near the 101.00 region on Wednesday as investors digest the Federal Open Market Committee (FOMC) Minutes from the June 16-17 meeting, the first under Federal Reserve (Fed) Chair Kevin Warsh.

The US Dollar Index spent Wednesday travelling in circles, grinding around 101.00 after the Minutes of the June 16-17 Federal Open Market Committee (FOMC) meeting crossed the wires at 18:00 GMT, capping a session in which traders had already faded another round of Middle East friction.

Scotiabank strategists Shaun Osborne and Eric Theoret report that the US Dollar (USD) is trading mixed as renewed Iran tensions hit risk appetite, with stocks falling and Oil (Brent) jumping 6%.

The Dow Jones Industrial Average opened Wednesday within a few points of its 52,847 session high and spent the rest of the day paying down three weeks of ceasefire faith, giving back 700 points through the day.

The US Dollar Index (DXY) consolidates modest gains on Wednesday as traders assess renewed tensions between the United States and Iran and the potential economic fallout.

ING’s Francesco Pesole notes that recent equity jitters and firm Oil prices have underlined the Dollar’s safe-haven appeal, while markets look to the June Federal Open Market Committee (FOMC) minutes.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that renewed Middle East tensions are pressuring stocks and bonds while supporting the US Dollar (USD) and Oil.

Dow Jones futures decline 0.40% to trade around 52,980 during European trading hours on Wednesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures fall 0.17% and 0.14%, trading near 7,540 and 29,350, respectively.

Rabobank strategist Michael Every discusses contrasting views on the Dollar’s global role.

The US Dollar Index (DXY) pulls back to levels a few pips shy of 101.00 during Wednesday’s European session, after being rejected at the 101.20 area earlier in the day, and has turned negative on daily charts.

BNY’s Geoff Yu notes that cross-border investors’ Dollar holdings remain close to multi-year highs, driven by strong United States (US) asset exposure with fewer FX hedges.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains for the second consecutive day and trading around 101.10 during the Asian session on Wednesday.

The Dow Jones Industrial Average spent Tuesday arriving late to a party the rest of the market had already begun to leave.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after two successive flat days and trading around 100.90 during the European hours on Tuesday.

Dow Jones futures gain as investors pull profits from volatile tech stocks and rotate capital into safer assets.

DBS Group Research’s FX Risk Score note by Chua Han Teng and Daisy Sharma highlights that FX risk has risen modestly in May and June but remains below prior Middle East conflict highs.

National Bank of Canada ’s (NBC) Stéfane Marion and Kyle Dahms note the US Dollar (USD) is trading near its 2026 high as sticky United States (US) inflation and wider rate differentials underpin the currency.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles for a firm near-term direction and extends its consolidative price moves for the third straight day on Tuesday.

The US Dollar Index (DXY) trims its gains on Monday after opening the week on a firmer note, as traders await greater clarity on the Federal Reserve's (Fed) interest rate path before placing fresh directional bets.

The Dow Jones Industrial Average (DJIA) finally crossed 53,000 on Monday, spiking to a record just above the handle in the opening minutes and holding it for roughly the length of the ceremony that produced it.

Societe Generale strategists Kit Juckes and Olivier Korber argue that Dollar strength remains underpinned by robust US growth, sticky inflation and a favourable terms of trade shock versus Europe and Asia.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains positive traction at the start of a new week and, for now, seems to have snapped a two-day losing streak.

The Dow Jones futures gain 0.18% to trade above 53,280, while S&P 500 futures rise 0.46%, trading near 7,560. Meanwhile, Nasdaq 100 futures advance 1.03% to trade near 29,860 during European trading hours on Monday.

BNY’s Geoff Yu highlights that softer U.S. labor data and easing inflation have reduced pressure for further Federal Reserve (Fed) tightening, but upcoming US Services Purchasing Managers' Index (PMI) and ISM Services will be crucial for rate expectations.

ING’s Chris Turner notes the Dollar (USD) has held up after soft June jobs data, with G7 FX volatility low and carry trades attractive as one-week Dollar deposit rates sit in the upper G10 range.

The upcoming week will bring a fresh test for major currency pairs as investors return from the US Independence Day holiday and continue to digest weaker US labor market data.

The US Dollar underperforms its major currency peers as traders reconsider hawkish Federal Reserve (Fed) interest rate expectations, following the release of the weak United States (US) Nonfarm Payrolls (NFP) data for June on Thursday.

MUFG’s Derek Halpenny argues that softer US labour data should push markets to reprice Federal Reserve policy, shifting from rate hikes toward a greater risk of cuts. He highlights weaker nonfarm payroll trends, deteriorating sentiment indicators and receding inflation risks.