Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US Dollar (USD) is firmer as confidence in a swift reopening of the Strait of Hormuz fades, with USD outperforming most major currencies.

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner expect a 0.9% MoM United States (US) Consumer Price Index (CPI) print, above consensus, with core at 0.3% MoM.

Dow Jones futures are steady around 49,800 during the European hours on Tuesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 decline 0.35% to near 7,410, and the Nasdaq 100 futures inch lower 0.77% toward 29,200.

MUFG’s strategists note that the US Dollar (USD) has weakened despite solid United States (US) jobs data, as optimism over a potential US/Iran deal and surging US equities support risk appetite.

Commerzbank analysts note the US Dollar Index (DXY) inched up to 97.96 as markets consolidated and prepared for United States (US) Consumer Price Index (CPI).

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the second successive day and trading around 98.10 during Asian hours on Tuesday.

The US Dollar Index (DXY) is holding firm near the 97.95 region as investors remain cautious despite some improvement in overall market sentiment and ongoing geopolitical tensions in the Middle East.

US equity index futures opened the week little changed as Wall Street weighed a renewed flare-up in the US-Iran standoff against this week's marquee inflation print.

Donald Trump, United States (US) President, said that Iran’s proposal was “stupid” and that they agreed on his terms but then reversed on them. Trump told reporters in the Oval Office on Monday.

ING’s Chris Turner notes the Dollar has started the week slightly stronger as hopes for a Middle East ceasefire fade and Oil prices jump. He highlights US April Consumer Price Index (CPI) as the key release, with expectations for higher headline and core inflation.

MUFG’s Lee Hardman notes the US Dollar (USD) has rebounded, lifting the Dollar Index (DXY) back above 98.000 as stalled Middle East peace talks and a stronger April Nonfarm Payrolls (NFP) report underpin demand.

OCBC’s FX Christopher Wong notes US Dollar Index (DXY) traded slightly softer despite a strong US jobs report, as markets focus more on geopolitics, Oil and Fed repricing.

The US Dollar (USD) surrenders half of its early gains during the European trading session at the start of the week, with the US Dollar Index (DXY) dropping to near 98.00 from the intraday high of 98.15.

Dow Jones futures lose 0.12%, trading near 49,630 during the early European hours on Monday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 decline 0.10% to near 7,410, and the Nasdaq 100 futures inch lower 0.06% toward 29,300.

Deutsche Bank analysts highlight that United States (US) equities, including the S&P 500 and Nasdaq, have pushed to new highs, supported by strong AI-related earnings, resilient US data and easing Oil prices last week.

Commerzbank’s Thu Lan Nguyen highlights growing legal tensions around US sanctions on Chinese refineries buying Iranian Oil, warning this could erode the Dollar’s reserve status over time.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after modest losses the previous day, trading around 98.10 during Asian hours on Monday.

The US Dollar Index (DXY) fell toward the 97.90 region on Friday, pressured by improving risk sentiment and easing safe-haven demand after reports suggested the United States (US) and Iran are still attempting to preserve a fragile ceasefire framework despite renewed military incidents in the Middle

Dow Jones Industrial Average (DJIA) futures clawed back ground on Friday, May 8, after Thursday's late-session selloff dragged the cash index toward 49,500. Overnight dealing through Asia and Europe held a tight range just above 49,600, with traders reluctant to commit ahead of the US jobs report.

TD Securities’ FX strategists Jayati Bharadwaj and Howard Du note that stronger United States (US) payrolls produced only a modest reaction in the US Dollar (USD), as markets focus more on inflation than labor data.

The United States (US) created 115K new jobs in April, much better than the 62K anticipated by markets. The unemployment rate in the same month was confirmed at 4.3%, as expected. The Nonfarm Payrolls (NFP) report came in better than anticipated, yet the US Dollar (USD) eased with the news.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that efforts by the Trump administration to narrow the US trade deficit are structurally negative for the Dollar via balance of payments dynamics.

ING’s Francesco Pesole notes that the US Dollar (USD) has rebounded as hopes for a swift US‑Iran deal fade, with fresh military incidents in the Strait of Hormuz and a restart of US escorts weighing on risk sentiment.

UBS' Chief Economist Paul Donovan comments that United States (US) April employment data are unlikely to show war effects yet, with moderate job gains and stable earnings anticipated.

Deutsche Bank analysts point out that stronger US data and hawkish Federal Reserve commentary have pushed Treasury yields higher and supported the Dollar Index.

Dow Jones futures gain 0.18%, trading near 49,790 during the early European hours on Friday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.30% to near 7,390, and the Nasdaq 100 futures advance 0.48% above 28,820.

MUFG’s Lloyd Chan expects today’s US nonfarm payrolls to pose upside risks for the US Dollar (USD), with labour indicators hinting at a stronger April print.

The US Dollar (USD) pares losses against its main peers on Friday, as hopes for a swift end to the war in Iran fade again, following an exchange of fire in the Strait of Hormuz.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous day and trading around 98.20 during the Asian hours on Friday.

The US Dollar Index (DXY) is trading with a softer tone near the 98.10 area as markets continue reacting to rapidly shifting headlines surrounding the potential peace agreement between the United States (US) and Iran.