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United States Dollar Index falls as Middle East calm cools inflation fears
The US Dollar Index (DXY), which tracks the buck’s value against a basket of six currencies, is down 0.14% to 100.93 as tensions in the Middle East ease, driving Oil prices lower and trimming Fed hawkish bets spurred by the energy shock.
Fxstreet
Thu, Jul 9
US Dollar: Tariff passthrough keeps inflation pressure alive – BNY
BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy.Fxstreet
Thu, Jul 9
United States Dollar Index holds above 101.00 following US strikes on Iran
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains for the second consecutive day and trading around 101.10 during the Asian session on Wednesday.Fxstreet
Wed, Jul 8
United States Dollar Index firms as Hormuz tensions boost safe-haven demand
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after two successive flat days and trading around 100.90 during the European hours on Tuesday.Fxstreet
Tue, Jul 7
United States Dollar Index holds below 101.00 as fading Fed hike bets counter Hormuz risks
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles for a firm near-term direction and extends its consolidative price moves for the third straight day on Tuesday.Fxstreet
Tue, Jul 7
United States Dollar Index trims gains as fading Fed rate hike bets cap upside
The US Dollar Index (DXY) trims its gains on Monday after opening the week on a firmer note, as traders await greater clarity on the Federal Reserve's (Fed) interest rate path before placing fresh directional bets.Fxstreet
Mon, Jul 6
US Dollar: Services data guide Fed expectations – BNY
BNY’s Geoff Yu highlights that softer U.S. labor data and easing inflation have reduced pressure for further Federal Reserve (Fed) tightening, but upcoming US Services Purchasing Managers' Index (PMI) and ISM Services will be crucial for rate expectations.Fxstreet
Mon, Jul 6
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