TD Securities strategists note that FX markets remain meaningfully long the US Dollar (USD) ahead of the October FOMC, with data showing the Fed faces the strongest G10 hiking pressures.

ING strategist Francesco Pesole notes that recent equity sell-offs driven by higher Oil prices and AI concerns have pushed investors toward the Japanese Yen (JPY) and Swiss Franc (CHF), undermining the Dollar’s traditional safe-haven role.

Dow Jones futures decline by 0.37% to trade near 52,870 during European hours on Friday. S&P 500 futures fall 0.07% to trade around 7,700, while Nasdaq 100 futures gain 0.16% to trade near 29,190.

Deutsche Bank’s Early Morning Reid describes a broad risk-off session for US equities, with the S&P 500 and NASDAQ posting their worst declines in months as AI-related names and higher Oil prices pressured sentiment.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the fourth successive day and trading near 101.60 during Asian hours on Friday.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the third consecutive day and trading near 101.50 during the European hours on Thursday.

Dow Jones futures decline by 0.58% to trade near 52,750 during European hours on Thursday. S&P 500 futures fall 0.97% to trade around 7,720, while Nasdaq 100 futures plunge 1.69% to trade near 29,500.

The US Dollar (USD) underperforms its major peers due to easing United States (US) bond yields amid softening housing market conditions.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to gain any meaningful traction on Thursday, trading around the 101.70 region during the Asian session.

MUFG’s Lee Hardman notes the US Dollar is trading modestly weaker as US housing data disappoints and markets scale back expectations for an October Fed hike. Despite softer housing indicators, MUFG still expects one more Fed rate increase in December.

The US Dollar trades with caution against its peers ahead of Meta Q3 earnings later in the day. In the European trade on Wednesday, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades mildly lower to near 101.68.

ING’s Francesco Pesole notes the US Dollar (USD) is trading with a soft undertone as AI-related concerns and stretched positioning unwind. Short-term valuation metrics show most G10 currencies within 1.5 standard deviations versus the Dollar.

Jim Reid at Deutsche Bank notes that an early global equity sell-off tied to AI concerns, higher Oil prices and French sovereign worries reversed as US trading progressed, lifting the S&P 500.

Dow Jones futures hold steady near 52,730 during European hours on Wednesday. S&P 500 futures surge 0.25% to trade around 7,770, while Nasdaq 100 futures rise by 0.71% to trade near 29,880.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, edges higher on Wednesday, recovering further from a near three-week low touched the previous day.

Commerzbank’s Antje Praefcke notes that the Dollar faces limited upside in coming days as markets await the Federal Reserve and ECB meetings next week. A December Fed hike is priced in, but no further tightening is expected by Commerzbank. With only second-tier US data and Middle East risks not adding fresh support, Praefcke expects relatively stable EUR/USD and sees little reason for significant Dollar gains.

Artificial intelligence (AI) stocks pulled the NASDAQ 100 lower, but the Dow Jones Industrial Average rose to its highest in more than five weeks on earnings and cheaper Crude Oil. It climbed from the opening bell to just above 52,700.

Reports that Washington and Tehran have both given preliminary approval to a Qatar and Pakistan compromise have pushed the Dollar Index to its lowest since October 1. It fell from near 101.75 to about 101.65 on the first report and to just above 101.50 once Israel's Channel 12 added the terms.

TD Securities strategists argue the Dollar’s recent rally has peaked, with US Dollar Index (DXY) slipping below 102.00 as stretched positioning and consolidating yields cap upside.

Dow Jones futures gain by 0.38% to trade near 52,380 during European hours on Tuesday. S&P 500 futures surge 0.13% to trade around 7,740, while Nasdaq 100 futures lose by 0.12% to near 29,690.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after posting modest gains and trading near 101.80 during the European hours on Tuesday.

Deutsche Bank strategists reports that US equities outperformed Europe, with the S&P 500 rising even as most constituents fell. The NASDAQ and Philadelphia semiconductor index led gains as the recent AI‑related selloff stabilised.

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 101.80 in the early European trading hours on Tuesday.

Brown Brothers Harriman’s Elias Haddad notes that recent AI-related equity weakness boosted bonds and weighed on the US Dollar (USD), despite a firm US Consumer Price Index (CPI) print that kept Federal Reserve (Fed) tightening expectations alive.

ING’s Francesco Pesole notes that recent AI-driven equity volatility has triggered a sharp drop in front-end US rates, but he does not see this as the start of a major Dollar downtrend. He argues the Dollar may lag other G10 currencies if tech-led stock instability persists, yet still sees scope for DXY to revisit 101.0 in coming weeks.

MUFG’s Lee Hardman notes the Dollar index has retreated from a year-to-date high near 102.95 and slipped back below its 200-week moving average around 102.10.

Dow Jones futures gain by 0.16% to trade near 52,300 during European hours on Monday. S&P 500 futures surge 0.59% to trade around 7,750, while Nasdaq 100 futures rise by 1.15% to near 29,730.

The US Dollar (USD) turns almost flat after giving back its opening gains, driven by rallying bond yields in France.

Fed Chair Warsh's last word before the quiet period was that he doesn't prejudge meetings, and the Dollar Index is lower on it, though the drop stalled near 101.60 twice. It fell from just above 102.00 to about 101.85 in one five-minute bar as he spoke, then slid to its lowest since October 1.

MUFG’s Derek Halpenny notes the US Dollar is broadly unchanged after Fed Chair Warsh avoided fresh policy guidance, reinforcing market pricing for a low chance of an October hike.