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Forex Today: Peace in the Middle East hopes spur market sentiment higher
The US Dollar (USD) extended near-term bearish momentum, falling sharply and extending into a four-day decline as investors settle into a comfortable risk-on stance, stepping out of the safe-haven Greenback and into riskier assets as investors bank on a continued cooling of recent Middle East tensioFxstreet
Jun 24, 2025
Dow Jones Industrial Average soars on Middle East peace deal hopes
The Dow Jones Industrial Average (DJIA) rallied on Tuesday, with equity markets bolstered across the board as the Israel-US-Iran conflict looks set to continue cooling off. Crude Oil markets are receding, falling into two-week lows and further easing market fears.
Fxstreet
Jun 24, 2025
US Dollar slides as Israel-Iran ceasefire overshadows hawkish Powell’s tone
The US Dollar Index (DXY) is trading lower on Tuesday following news of a ceasefire agreement between Israel and Iran, which has alleviated demand for the US Dollar (USD). At the time of writing, the DXY is trading near 97.65, just above the June low of 97.61.Fxstreet
Jun 24, 2025
US Dollar Index (DXY) consolidates losses below 97.80 with Fed's Powell on focus
The US Dollar is one of the worst performers on Tuesday, hammered by weaker demand for safe assets, after the ceasefire between Israel and Iran and higher hopes for further Fed easing in the coming months.The DXY, which measures the value of the US Dollar against the world’s six most traded currenciFxstreet
Jun 24, 2025
USD slides as gulf concerns ease – Scotiabank
While the 'ceasefire' between Israel and Iran declared by President Trump yesterday looks fragile—Israel is reportedly ordering a new strike on Iran after an alleged breach of the truce—markets continue to trade as if the conflict is over.
Fxstreet
Jun 24, 2025
US Dollar Index slides to near 98.00 on Israel-Iran ceasefire, Fed’s dovish comments
The US Dollar (USD) underperforms its major peers during European trading hours on Tuesday as its safe-haven demand has diminished significantly, following the announcement of a ceasefire between Israel and Iran.Fxstreet
Jun 24, 2025
US Dollar Index weakens below 98.50 as Israel‑Iran ceasefire boosts risk appetite
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, loses ground to near 98.25 after US President Donald Trump announced the Israel-Iran ceasefire.Fxstreet
Jun 24, 2025
Dow Jones Industrial Average roils as investors brace for rising Middle East tensions
The Dow Jones Industrial Average (DJIA) whipsawed on Monday, churning as investors reacted to headlines that Iran had lashed out at US military assets in the Middle East in retaliation for the weekend’s missile strikes ordered by the Trump administration.Fxstreet
Jun 23, 2025
Dollar Index softens as markets weigh US-Iran tensions and Fed rate outlook
The US Dollar Index (DXY) is edging lower after a strong start on Monday as markets monitor the risks of an Iranian retaliation against the United States (US) and look ahead to Federal Reserve (Fed) Chair Jerome Powell’s upcoming testimony on Tuesday.Fxstreet
Jun 23, 2025
USD firmer following US attack on Iran – Scotiabank
US Dollar (USD) bearishness subsided a little last week, helped by the mildly hawkish outcome of the FOMC, and has receded further this morning as markets react to the US attack on Iran’s nuclear facilities and concerns over potential Iranian responses, Scotiabank's Chief FX Strategists Shaun OsbornFxstreet
Jun 23, 2025
US Dollar Index (DXY) hits three-week highs at 99.40 on¡ risk aversion
The Dollar has reclaimn¡med its traditional safe-haven status, with investors rushing away from risk on concerns about the possibility of a wider conflict in the Middle East after this weekend’s attack on Iran’s nuclear sites. The US Dollar is the strongest of the G8 currencies on Monday.Fxstreet
Jun 23, 2025
DXY: Mild bullish momentum intact – OCBC
US Dollar (USD) rose in early trade, with impact more pronounced on Asian FX than DM FX. US joining Israel on attack in Iran risks a deeper conflict in the Middle East. DXY was last seen trading at 99.41 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Jun 23, 2025
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