The US Dollar Index has strengthened to approximately 100.45 during the early European session on Tuesday. Fed policymakers indicated the possibility of an additional rate increase prior to year-end, which bolstered the DXY. Market participants are closely monitoring the situation regarding potential discussions between the US and Iran. The US Dollar Index, an index of Read More
The US Dollar Index experiences an uptick as market participants assign a 56.5% probability to the likelihood of an additional rate hike occurring in October. Fed Chair Kevin Warsh emphasises that enduring inflation continues to be excessively elevated, indicating the necessity for additional tightening measures. Kashkari emphasised that enduring inflation continues to be excessively elevated, Read More
The US Dollar Index experienced a rally subsequent to a 25-basis-point increase, establishing a target range of 3.75%-4.00%. Fed Chair Warsh highlighted elevated inflation levels, with markets assigning a 49.8% likelihood to an interest rate hike in October. Maintaining positions above the critical nine- and 50-day EMAs indicates a positive short-term outlook, reinforcing a favourable Read More
The US Dollar Index faces challenges as Fed Governor Waller indicates a possible pause in interest rates, which stands in contrast to Warsh’s more hawkish stance. The likelihood of a September Fed rate hike has decreased to 50.2% in light of the recent remarks. Investors are anticipating the release of the US August payrolls data, Read More
The US dollar is predominantly stronger today, yet remains largely confined within the established ranges observed recently against the majority of G10 currencies. The news stream is relatively sparse; however, the United States has intensified its military actions against Iran, and August WTI has returned to approximately $80 per barrel. The eurozone’s May industrial output Read More
The dollar maintained its position on Thursday as markets anticipated crucial U.S. non-farm payrolls data. Meanwhile, the yen’s decline to 40-year lows against the dollar, coupled with thin trading in advance of a U.S. holiday, kept traders vigilant for potential intervention. The dollar index, which measures the greenback against a basket of currencies including the Read More
The dollar enters the latter half of 2026 on a strong note, driven by expectations of rising U.S. interest rates and a relentless demand for U.S. assets from investors pursuing the notion of “American exceptionalism,” which could lead to further challenges for other currencies. It stands out as the top-performing currency at the mid-year mark, Read More
A surging dollar has surpassed chart resistance and is on track for its most significant monthly gain in nearly a year on Thursday, as traders anticipate a robust U.S. economy supporting short-term interest rates while awaiting crucial inflation data. The dollar has surpassed the $1.14 threshold against the euro this week, reaching its peak in Read More
The U.S. dollar continued its ascent, achieving a new 13-month peak against a range of major currencies on Wednesday. This movement was driven by investors seeking refuge from a sell-off in tech stocks while also preparing for anticipated rate hikes by the Federal Reserve. A widespread decline in technology and semiconductor stocks has led to Read More
The U.S. dollar maintained its position at a more than two-month high on Thursday following a hawkish hold that spurred expectations for rate hikes, even in the context of a U.S.-Iran deal. Meanwhile, the weakness of the yen prompted new verbal warnings from Japanese officials. The U.S. central bank maintained its interest rates within the Read More
