The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, turns higher on Friday, recovering from earlier weakness, though it remains on track to close the week in negative territory.

Dow Jones Industrial Average (DJIA) futures traded above 49,800 in overnight and pre-market action, building on a near 1,500-point rally from Thursday morning's lows around 48,500 and pressing toward the 50,000 mark for the first time.

The US Dollar Index (DXY) fell to a two-week low near the 98.00 price zone on Friday, extending the losses seen the previous day and ending a week in which the world's most important central banks confirmed a hawkish shift due to rising inflation pressures.

Dow Jones futures gain 0.14%, trading near 49,900 during the European hours on Friday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.12%, to near 7,250. However, Nasdaq 100 futures advance 0.04% to near 27,600.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains some positive traction on Friday and reverses a part of the previous day's sharp retracement slide from a three-week high – level just above the 99.00 mark.

The Dow Jones Industrial Average climbed sharply on Thursday, adding about 730 points, or 1.5%, after rallying from an overnight low below 48,500 to a session high just above 49,600.

The US Dollar (USD) faces intense selling pressure against its major currency peers ahead of the release of the United States (US) preliminary Q1 Gross Domestic Product (GDP) and the Personal Consumption Expenditure Price Index (PCE) data for March, which will be published at 12:30 GMT.

Dow Jones futures decline 0.52%, trading near 48,750 during the European hours on Thursday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 fall 0.05%, to near 7,160. However, Nasdaq 100 futures advance 0.17%, to near 27,370.

MUFG’s Lloyd Chan notes that Brent Oil near US$120 and higher US Treasury yields are underpinning Dollar strength, with the Dollar holding in the 98.00–99.00 range.

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 98.95 during the Asian trading hours on Thursday. The DXY steadies following a hawkish hold from the US Federal Reserve (Fed). 

Wednesday's session had every excuse to rally. The Federal Reserve (Fed) decision was telegraphed. Big Tech earnings were teed up. The Dow Jones Industrial Average (DJIA) had reclaimed 49,000 just two days earlier.

The US Dollar Index (DXY) is trading near the 99.00 price zone on Wednesday after the Federal Reserve (Fed) decided to keep interest rates on hold. This was Chairman Jerome Powell's last meeting as head of the Fed.

United States (US) President Donald Trump is hitting the wires amid the Federal Reserve (Fed) monetary policy announcement. President Trump spoke with his Russian counterpart, Vladimir Putin, about the ongoing situation between Russia and Ukraine and that of the United States with Iran.

DJIA futures dropped 0.8% on Wednesday, falling from a session high near 49,250 to trade about 48,770 after touching a session low around 48,740.

DXY edged higher by 0.3% on Wednesday, rising from a session low near 98.57 to trade close to 98.91 in the wake of the FOMC decision.

Dow Jones Industrial Average futures drifted lower through Wednesday's session, trading close to 48.8K at the time of writing after rejecting levels above 49.3K during the prior day.

Scotiabank strategists Shaun Osborne and Eric Theoret observe that the US Dollar (USD) is firm but rangebound as higher Oil and mixed US-Iran headlines drive risk sentiment.

MUFG’s Derek Halpenny notes the US Dollar is broadly steady as resilient US equities and strong earnings temper risk aversion despite escalating Middle East tensions and a prolonged closure of the Strait of Hormuz.

BNY’s Bob Savage notes the US Dollar (USD) is entering the Federal Open Market Committee (FOMC) meeting with strengthening demand, including a first five-day net purchase streak in three months and rising use of USD cash and short-term instruments.

ING strategist Francesco Pesole notes the US Dollar (USD) has recovered as United States (US) equities wobble and geopolitical tensions persist.

The US Dollar (USD) posts moderate gains against a basket of majors for the second consecutive day on Wednesday and remains close to two-week highs in the area of $99.00.

Deutsche Bank strategists note that United States (US) equities turned lower as AI-related worries resurfaced after a report that OpenAI missed internal 2025 targets.

Dow Jones futures advance 0.12%, trading near 49,350 during the European hours on Wednesday, ahead of the United States (US) regular opening. Meanwhile, S&P 500 and Nasdaq 100 futures advance 0.09% and 0.33% to near 7,180 and 27,260, respectively.

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 98.65 during the Asian trading hours on Wednesday.

The Dow Jones Industrial Average saw marginal gains on Tuesday's session, with futures holding near 49,200 and the underlying cash index adding roughly 0.1%, propped up by a 5% jump in Coca-Cola (KO) after a stronger-than-expected earnings print.

ING strategist Francesco Pesole notes that despite higher Oil prices and geopolitical uncertainty, the Dollar has only found limited support as resilient US equities and month‑end flows weigh on USD performance.

Deutsche Bank analysts observe that United States (US) equities continue to outperform, with the S&P 500 and NASDAQ reaching fresh record highs even as global risk sentiment remains cautious.

United States (US) equity markets trade with caution at the start of the European trading session on Tuesday. As of writing, S&P 500 futures are down 0.16% to near 7,160, and Dow Jones futures are flat slightly below 49,200.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 98.50 during the Asian hours on Tuesday.

The US Dollar Index (DXY) is trading cautiously near the 98.50 level as markets prepare for a busy week of central bank meetings.