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US Dollar Index (DXY) drops below 98.00 on hopes of a US-Iran peace deal
The US Dollar (USD) depreciates against its main peers on Wednesday amid hopes that the US and Iran are close to a deal to end the war. The USD Index (DXY), which measures the US Dollar against a basket of currencies, drops more than 0.7% on the day, approaching pre-war levels at 97.50.
US Dollar Index
Fxstreet
Wed, May 6
Dow Jones futures advance on signs of easing US-Iran tensions
Dow Jones futures gain 0.17%, trading near 49,500 during the European hours on Wednesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.28% to near 7,310, and the Nasdaq 100 futures advance 0.70% above 28,330.
US30
NAS100
SPX500
Fxstreet
Wed, May 6
S&P 500: Record highs with tech leadership – Deutsche Bank
Deutsche Bank analysts highlight that the latest tech boom has driven the S&P 500 back to record highs, with global equities supported by easing stagflation fears and solid US data.
SPX500
Fxstreet
Wed, May 6
DXY: Dollar edges higher with safe-haven support – UOB
UOB analysts report that the US Dollar index DXY posted another small gain as markets digested a four-week ceasefire in the Middle East and reduced fears of a renewed US-Iran conflict.
US Dollar Index
Fxstreet
Wed, May 6
US Dollar Index softens below 98.50 on Middle East de-escalation signals
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.30 during the Asian trading hours on Wednesday. The DXY attracts some sellers due to easing tensions in the Middle East.
US Dollar Index
Fxstreet
Wed, May 6
Forex Today: DXY steadies as resilient US data keep FX markets on edge
The US Dollar Index (DXY) is trading with a neutral tone near the 98.50 area, supported by safe-haven demand and elevated US yields even after upbeat US data. Price action remains choppy amid shifting Middle East headlines.
US Dollar Index
EUR/USD
Fxstreet
Tue, May 5
Dow Jones Industrial Average climbs back above 49,000 as Oil eases, earnings beat
US equities are trading higher on Tuesday as crude prices ease and a wave of stronger-than-expected first-quarter earnings reinforces the thesis that profits, not policy, are doing the heavy lifting in this market.
US30
Fxstreet
Tue, May 5
DXY: Cautious upside risks persist – Rabobank
Rabobank’s Senior FX Strategist Jane Foley notes the US Dollar Index (DXY) is trading near key moving averages, with markets reluctant to extend USD longs despite renewed Middle East tensions.
US Dollar Index
Fxstreet
Tue, May 5
DXY: Range holds as energy dynamics dominate – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that risk sentiment remains resilient even as US–Iran tensions flare, with Brent Oil easing and the US Dollar Index (DXY) consolidating below its 200‑day average.
US Dollar Index
Brent
Fxstreet
Tue, May 5
USD: Safe-haven bid as conflict risk lingers – BNY
BNY’s Bob Savage describes a fragile risk backdrop, with investors tracking the Strait of Hormuz as a key barometer for energy supply relief. Despite ceasefire doubts after Iran–U.S. exchanges, risk assets are firmer, Oil is lower, Gold higher and the Dollar bid.
US Dollar Index
Brent
Fxstreet
Tue, May 5
USD: Fed pricing supports DXY recovery – ING
ING’s Chris Turner notes that the US Dollar (USD) is benefiting from a hawkish Federal Reserve (Fed) narrative as markets price in a small amount of additional tightening for 2026. He highlights that high Oil prices and Gulf tensions are keeping short-dated US rates supported.
US Dollar Index
Fxstreet
Tue, May 5
Dow Jones futures rise as oil prices ease, strong corporate earnings
Dow Jones futures gain 0.24%, trading near 49,200 during the European hours on Tuesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.30% to near 7,250, and the Nasdaq 100 futures advance 0.48% above 27,900.
US30
NAS100
Brent
SPX500
Fxstreet
Tue, May 5
S&P 500: Pullback from records with yields higher – Deutsche Bank
Deutsche Bank analysts report that the S&P 500 slipped from record highs as higher Oil prices and rising Treasury yields weighed on risk assets.
SPX500
Fxstreet
Tue, May 5
US Dollar Index (DXY) consolidates around mid-98.00s as bulls await 200-day SMA breakout
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, holds steady around mid-98.00s during the Asian session on Tuesday, consolidating its gains registered over the past two days.
US Dollar Index
Fxstreet
Tue, May 5
Forex Today: US Dollar holds firm on Middle East flare-up ahead of RBA, US data
The US Dollar Index (DXY) holds a firm tone near the 98.40 price zone, supported by safe-haven demand amid ongoing Middle East hostilities that keep markets cautious, with headlines suggesting that Iran allegedly attacked a United States (US) military ship despite US denials.
US Dollar Index
Fxstreet
Mon, May 4
Dow Jones Industrial Average sheds 1K points from peak as Iran fears reignite
US equities slumped on Monday as a series of escalating reports out of the Persian Gulf revived concerns that the fragile US-Iran ceasefire is fraying. The Dow Jones Industrial Average shed roughly 0.9%, slipping back toward 49,000 after an intraday low below that level.
US30
Fxstreet
Mon, May 4
USD: Data-heavy week shapes Fed view – TD Securities
TD Securities economists Oscar Munoz and Eli Nir anticipate a normalization in United States (US) labor data, with nonfarm payrolls at 80k, unemployment at 4.3% and modest wage growth.
US Dollar Index
Fxstreet
Mon, May 4
Senior Iranian Official: Unclear whether there was damage to US ship – Reuters
A senior Iranian official told Reuters that Iran fired a warning shot against a US warship to prevent its entry into the Strait of Hormuz, adding that it was unclear whether there was any damage.
US Dollar Index
Fxstreet
Mon, May 4
US Dollar Index (DXY) picks up above 98.00 as geopolitical tensions grow
The US Dollar (USD) edges up against its main peers on Monday, with the USD Index (DXY) returning to levels above 98.00 after bouncing at 97.70 lows on Friday, although it remains within the lower range of the last few weeks' trading band.
US Dollar Index
Fxstreet
Mon, May 4
USD: Downward correction extends as policy diverges – DBS
DBS Group Research economist Philip Wee expects the Dollar’s April weakness to persist into May, as the USD’s earlier two-month rise unwinds.
US Dollar Index
GBP/USD
Fxstreet
Mon, May 4
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