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Dollar Index Below 99
The dollar index remained below 99 on Friday, as investors continued to monitor developments in the Middle East and assess the latest US CPI report. US and Iranian delegations are set to meet in Pakistan on Saturday, while Israel has agreed to hold talks with Lebanon’s government, raising hopes of de-escalation in the region. However, the Strait of Hormuz remains largely closed, keeping oil prices elevated. The impact of the war with Iran is already being reflected in US inflation data. Consumer prices rose 0.9% in March, the largest monthly increase since June 2022, pushing the annual rate to 3.3%, the highest since May 2024 and in line with expectations. Core CPI, however, rose more modestly to 2.6% from 2.5%, suggesting that the full impact of the oil shock has yet to pass through to underlying inflation. Investors currently see little chance of another interest-rate cut by the Fed in 2026 and many economists are maintaining forecasts for one or more reductions later in the year.
Published on 2026-04-10

Dollar Index Falls Below 99
The dollar index remained below 99 on Friday, as investors continued to monitor developments in the Middle East and assess the latest US CPI report. US and Iranian delegations are set to meet in Pakistan on Saturday, while Israel has agreed to hold talks with Lebanon’s government, raising hopes of de-escalation in the region. However, the Strait of Hormuz remains largely closed, keeping oil prices elevated. The impact of the war with Iran is already being reflected in US inflation data. Consumer prices rose 0.9% in March, the largest monthly increase since June 2022, pushing the annual rate to 3.3%, the highest since May 2024 and in line with expectations. Core CPI, however, rose more modestly to 2.6% from 2.5%, suggesting that the full impact of the oil shock has yet to pass through to underlying inflation. Investors currently see little chance of another interest-rate cut by the Fed in 2026 and many economists are maintaining forecasts for one or more reductions later in the year.
Published on 2026-04-10

Dollar Set for Sharp Weekly Decline
The dollar index held steady near 99 on Friday but was still on track to fall more than 1% for the week, as a two-week US-Iran ceasefire drove a sharp drop in oil prices and eased concerns over resurgent inflation and possible interest rate hikes. Investors are now focused on diplomatic talks in Islamabad this weekend, where Vice President JD Vance will lead a US delegation in discussions with Iranian officials. However, sentiment remained cautious amid continued Israeli strikes on Lebanon and ongoing disruptions in the Strait of Hormuz that could complicate negotiations. On the macroeconomic front, markets awaited the March CPI report due later today for clues on how the Middle East conflict has affected inflation. Meanwhile, minutes from the Federal Open Market Committee’s March meeting indicated policymakers were concerned the conflict could sustain inflationary pressures and potentially require further rate hikes, though they still anticipated one rate cut this year.
Published on 2026-04-10

Dollar Set for Sharp Weekly Decline
The dollar index held steady near 99 on Friday but was still on track to fall more than 1% for the week, as a two-week US-Iran ceasefire drove a sharp drop in oil prices and eased concerns over resurgent inflation and possible interest rate hikes. Investors are now focused on diplomatic talks in Islamabad this weekend, where Vice President JD Vance will lead a US delegation in discussions with Iranian officials. However, sentiment remained cautious amid continued Israeli strikes on Lebanon and ongoing disruptions in the Strait of Hormuz that could complicate negotiations. On the macroeconomic front, markets awaited the March CPI report due later today for clues on how the Middle East conflict has affected inflation. Meanwhile, minutes from the Federal Open Market Committee’s March meeting indicated policymakers were concerned the conflict could sustain inflationary pressures and potentially require further rate hikes, though they still anticipated one rate cut this year.
Published on 2026-04-10

Dollar Edges Down on Thursday
The dollar index pared early gains to trade slightly lower, slipping below 99 on Thursday to its weakest level in more than two weeks. Investors continued to monitor developments in the Middle East, where a recently announced ceasefire appeared increasingly fragile ahead of peace talks scheduled for Friday. The agreement showed signs of strain as Israel maintained its conflict with Hezbollah in Lebanon, while Tehran accused the US of violating the deal. The Strait of Hormuz also remained closed. On the data front, February PCE inflation rose in line with expectations, while Q4 GDP growth was revised lower and initial jobless claims edged up. Attention turns to the March CPI report due tomorrow for insights into how the Middle East conflict has impacted prices so far. Minutes from the FOMC’s March meeting showed policymakers were concerned that the war could lead to sustained inflation requiring further rate hikes, although they still expected one rate cut this year.
Published on 2026-04-09

Dollar Rises on Fragile US-Iran Ceasefire
The dollar index climbed above 99 on Thursday, trimming losses from the previous session as a fragile ceasefire between the US and Iran kept investor sentiment cautious. Iranian media reported that oil tanker transit through the Strait of Hormuz remained halted following fresh Israeli strikes on Lebanon, while a senior Iranian official said three provisions of the ceasefire proposal had already been breached. On Wednesday, the dollar had dropped sharply after the US and Iran agreed to a two-week ceasefire, causing a sudden drop in oil prices and easing inflation concerns. Meanwhile, minutes from the Federal Reserve’s latest policy meeting indicated that a growing number of members viewed a rate hike as possibly necessary to control inflation, though many still hoped the next move could be a cut. Investors now turn to February personal spending and the PCE deflator on Thursday, followed by the CPI report on Friday, for further guidance.
Published on 2026-04-09

Dollar Rises on Fragile US-Iran Ceasefire
The dollar index climbed above 99 on Thursday, trimming losses from the previous session as a fragile ceasefire between the US and Iran kept investor sentiment cautious. Iranian media reported that oil tanker transit through the Strait of Hormuz remained halted following fresh Israeli strikes on Lebanon, while a senior Iranian official said three provisions of the ceasefire proposal had already been breached. On Wednesday, the dollar had dropped sharply after the US and Iran agreed to a two-week ceasefire, causing a sudden drop in oil prices and easing inflation concerns. Meanwhile, minutes from the Federal Reserve’s latest policy meeting indicated that a growing number of members viewed a rate hike as possibly necessary to control inflation, though many still hoped the next move could be a cut. Investors now turn to February personal spending and the PCE deflator on Thursday, followed by the CPI report on Friday, for further guidance.
Published on 2026-04-09

Dollar Index Falls Below 99
The dollar Index remained below 99 on Wednesday, hovering near its lowest level in about a month, as news of a two-week ceasefire between the United States and Iran, which triggered a sharp drop in oil prices, eased investor concerns about an inflationary spiral and boosted expectations that the Fed could cut interest rates this year. At the start of the week, markets had priced in no chance of a rate cut, having previously anticipated more than two reductions before the conflict escalated. Meanwhile, minutes from the FOMC’s March meeting showed policymakers were concerned that Middle East hostilities could lead to sustained inflation requiring further rate hikes, although they still expected one rate cut this year. Investors now await the release of US March CPI data on Friday for additional clues on price pressures linked to the ongoing conflict.
Published on 2026-04-08

Dollar Index Falls Below 99
The dollar Index remained below 99 on Wednesday, hovering near its lowest level in about a month, as news of a two-week ceasefire between the United States and Iran, which triggered a sharp drop in oil prices, eased investor concerns about an inflationary spiral and boosted expectations that the Fed could cut interest rates this year. At the start of the week, markets had priced in no chance of a rate cut, having previously anticipated more than two reductions before the conflict escalated. Meanwhile, minutes from the FOMC’s March meeting showed policymakers were concerned that Middle East hostilities could lead to sustained inflation requiring further rate hikes, although they still expected one rate cut this year. Investors now await the release of US March CPI data on Friday for additional clues on price pressures linked to the ongoing conflict.
Published on 2026-04-08

Dollar Drops on Mideast Ceasefire
The dollar index fell 0.5% to around 99 on Wednesday, hitting a four-week low after President Donald Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, while Israel has reportedly assented to the ceasefire. On the data front, US consumer inflation expectations rose in March, and transportation costs in the logistics sector saw a notable increase. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.
Published on 2026-04-08

Dollar Drops on Middle East Ceasefire
The dollar index fell sharply to below 99 on Wednesday, hitting a four-week low after President Donald Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, while Israel has reportedly assented to the ceasefire. On the data front, US consumer inflation expectations rose in March, and transportation costs in the logistics sector saw a notable increase. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.
Published on 2026-04-08

Dollar Drops on Middle East Ceasefire
The dollar index fell more than 1% to below 99 on Wednesday, hitting a four-week low and erasing its gains for the year after President Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, prompting a big drop in oil prices and easing inflation concerns for now. On the data front, investors look ahead to the release of US March CPI data on Friday which is expected to provide insight into how the Middle East conflict affected prices stateside. The dollar weakened across the board, depreciated the most against the aussie and sterling.
Published on 2026-04-08

Dollar Drops on Mideast Ceasefire
The dollar index fell sharply to below 99 on Wednesday, hitting a four-week low after President Donald Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, while Israel has reportedly assented to the ceasefire. On the data front, US consumer inflation expectations rose in March, and transportation costs in the logistics sector saw a notable increase. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.
Published on 2026-04-08

Dollar Drops on Middle East Ceasefire
The dollar index fell sharply to below 99 on Wednesday, hitting a four-week low after President Donald Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, while Israel has reportedly assented to the ceasefire. On the data front, US consumer inflation expectations rose in March, and transportation costs in the logistics sector saw a notable increase. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.
Published on 2026-04-08

Dollar Drops on Middle East Ceasefire
The dollar index fell sharply to below 99 on Wednesday, hitting a four-week low after President Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, prompting a big drop in oil prices and easing inflation concerns for now. On the data front, investors look ahead to the release of US March CPI data on Friday which is expected to provide insight into how the Middle East conflict affected prices stateside. The dollar weakened across the board, depreciated the most against the aussie and sterling.
Published on 2026-04-08

Dollar Drops on Middle East Ceasefire
The dollar index fell sharply to below 99 on Wednesday, hitting a four-week low after President Donald Trump delayed his threat to strike Iranian civilian infrastructure by two weeks in what he called a “double-sided ceasefire,” contingent on Iran reopening the Strait of Hormuz. Trump also said the US had received a 10-point proposal from Iran that he described as a “workable basis for negotiations,” with the two-week window allowing the potential agreement to be finalized. Additionally, Iran has agreed to reopen the vital waterway for two weeks provided all attacks are halted, while Israel has reportedly assented to the ceasefire. On the data front, investors look ahead to the release of US March CPI data on Friday which is expected to provide insight into how the Middle East conflict affected prices stateside. The dollar weakened across the board, depreciated the most against the kiwi, aussie and sterling. the greenback also fell sharply versus emerging market currencies.
Published on 2026-04-08

Dollar Index Hits 4-week Low
DXY decreased to 98.84, the lowest since March 2026. Over the past 4 weeks, Dollar Index lost 0.29%, and in the last 12 months, it decreased 3.96%.
Published on 2026-04-08

Dollar Index Little Changed, Trump's Deadline Eyed
The dollar index hovered around the 100 mark on Tuesday as traders weighed escalating tensions in the Middle East alongside the approaching deadline set by President Trump for Iran to reach an agreement. President Trump warned that, unless his conditions including the reopening of the Strait of Hormuz are met by 8 p.m. Eastern Time, the US could target key Iranian infrastructure. He later intensified his rhetoric, stating that “a whole civilization will die tonight” unless Iran’s leadership agrees to a deal that includes reopening the Strait. Meanwhile, reports indicate that Iran has halted negotiation efforts with the US. On the data front, consumer inflation expectations rose in March, while the logistics sector experienced a notable increase in transportation costs. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.
Published on 2026-04-07

Dollar Index Little Changed, Trump's Deadline Eyed
The dollar index hovered around the 100 mark on Tuesday as traders weighed escalating tensions in the Middle East alongside the approaching deadline set by President Trump for Iran to reach an agreement. President Trump warned that, unless his conditions including the reopening of the Strait of Hormuz are met by 8 p.m. Eastern Time, the US could target key Iranian infrastructure. He later intensified his rhetoric, stating that “a whole civilization will die tonight” unless Iran’s leadership agrees to a deal that includes reopening the Strait. Meanwhile, reports indicate that Iran has halted negotiation efforts with the US. On the data front, consumer inflation expectations rose in March, while the logistics sector experienced a notable increase in transportation costs. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.
Published on 2026-04-07

Dollar Index Swings Around 100
The dollar index hovered around the 100 mark on Tuesday, with volatility expected to persist as traders assess developments in the Middle East and the approach of President Trump’s deadline for Iran to reach a deal. President Trump warned that, unless his conditions including the reopening of the Strait of Hormuz, are met by 8 p.m. Eastern Time, the US could target key Iranian infrastructure such as power plants and bridges, although he added that talks with Tehran are progressing well. Oil prices remained near 2022 highs, and concerns about its impact on inflation linger. Traders also await the release of US March CPI data on Friday, which should provide further insight into price pressures linked to the conflict. Markets currently expect the Federal Reserve to leave the fed funds rate unchanged at its meeting later this month, with no policy adjustments anticipated for the remainder of the year.
Published on 2026-04-07