Dow Jones futures remain steady near 45,750 during European hours on Wednesday, ahead of the United States (US) market open. Moreover, the S&P 500 futures decline 0.20% to trade near 6,600, while Nasdaq 100 futures depreciate 0.10% to trade around 24,2500.

Ahead of the FOMC meeting, the US Dollar weakened, OCBC's FX analysts Frances Cheung and Christopher Wong note.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, remains on the defensive near 96.70 as investors firmed bets for a Federal Reserve (Fed) interest rate cut later on Wednesday. 

The Dow Jones Industrial Average (DJIA) shed 275 points at its lowest on Tuesday as investors buckle down ahead of the latest interest rate decision from the Federal Reserve (Fed).

The US Dollar (USD) is once again trading defensively and extending Monday’s decline, weakening broadly against nearly all of the G10 currencies with the exception of AUD and NZD (trading flat), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

The US Dollar is extending losses on Tuesday, trading about 1.20% lower from last week’s highs as investors position for a “dovish cut" by the Fed on Wednesday.

Dow Jones futures are steady near 45,900 during European hours on Tuesday, ahead of the United States (US) market open. Moreover, the S&P 500 futures advance 0.20% to trade above 6,600, while Nasdaq 100 futures edge up 0.32% to trade near 24,400.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% lower to near 97.20 during the Asian trading session on Tuesday. This is the lowest level seen in three weeks.

Major central banks will host their monetary policy decisions, though the Federal Reserve (Fed) remains in center stage. Expectations of a resumption of the easing cycle pushed the US Dollar lower, along with US Treasury yields as traders brace for the release of US Retail Sales data.

The Dow Jones Industrial Average (DJIA) stuck close to its opening bids on Monday, testing the waters near 45,860 as investors shuffle their feet ahead of the latest Federal Reserve (Fed) interest rate call slated for Wednesday.

After a nine-month pause, the US Federal Reserve is expected to resume its cycle of interest rate cuts this week. The big question is how far will it go?

The US Dollar has opened the week on a moderate bearish tone, but price action remains trapped within previous ranges, highlighting a hesitant market, with investors looking from the sidelines ahead of the Fed decision, due next Wednesday.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady and trading around 97.60 during the Asian hours on Monday.

The Dow Jones Industrial Average (DJIA) pared gains on Thursday, slipping back below 46,000 after chalking in record levels through the midweek sessions.

The US Dollar (USD) is strengthening broadly—albeit modestly—into Friday’s NA session and showing gains against all of the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The US Dollar bounced up from lows earlier on Friday, but upside attempts remain limited below the 98.00 level so far, which keeps price action trapped within the previous day’s range, and maintains the broader bearish trend intact. 

US Dollar (USD) recovered some of yesterday’s loss, S&P 500 futures are down after the underlying index hit a record high yesterday, and Treasury yields are up slightly. Markets are digesting ECB guidance and US CPI data, BBH FX analysts report.

Thursday’s US CPI report showed slightly hotter than expected headline inflation (0.4% MoM), while the more closely monitored core rate rose by 0.3% MoM in line with consensus. What matters the most is the limited tariff impact, ING's FX analyst Francesco Pesole notes.

Yesterday's US figures highlighted the dilemma facing the Fed.

negativeDow Jones Index futures are easing from the all-time highs reached on Thursday, trading right above 46,000 at the European session opening times.

The Dow Jones Industrial Average (DJIA) found a new record high on Thursday, climbing nearly 600 points at its peak and tapping 46,093 for the first time ever.

The creeping, low vol grind higher in the US Dollar (USD) is extending a little further ahead of this morning’s key risk events—US CPI and the ECB policy decision.

The US Dollar (USD) is trading firmer across majors as markets await the August CPI report, a key test for the Fed’s policy outlook.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note around 97.85 during the Asian session on Thursday. Traders brace for the US Consumer Price Index (CPI) for August later on Thursday for fresh impetus. 

The Dow Jones Industrial Average (DJIA) missed the mark on Wednesday, shedding over 200 points from the open. US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week.

USD and 2-year Treasury yields rebounded yesterday despite confirmation of a sharp slowdown in US labor demand. The Bureau of Labor Statistics (BLS) preliminary benchmark revisions to net payroll growth was larger than expected.

The dollar is treading water ahead of tomorrow's US August CPI release. Geopolitical developments are having limited influence on FX markets at the moment, with three notable examples worth mentioning, ING's FX analyst Chris Turner notes.

The revision of US employment figures for the period from April 2024 to March 2025 was eagerly awaited, especially after last Friday's US labor market report had come as such a big disappointment.

US Dollar (USD) rebounded post-BLS revision in what looked like a 'buy on rumour, sell the fact' trade. DXY was last at 97.82 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Dow Jones futures are steady, edging down 0.04% to trade around 45,700 during European hours on Wednesday, ahead of the United States (US) market open. However, the S&P 500 futures advance 0.20% to trade near 6,550, while Nasdaq 100 futures climb 0.28% to trade near 23,950.