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Thu, Jun 4th, 2026

Forex Market Overview

Thu, Jun 4th, 2026
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Dollar Weakens as Crude Oil Prices Tumble

The dollar index (DXY00 ) on Thursday fell by -0.10%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down by more than -3% on Thursday and lowered inflation expectations,...

DXY00 : 99.457s (-0.07%)
GCQ26 : 4,504.3 (+0.84%)
SIN26 : 74.170 (+0.65%)
^USDJPY : 160.039 (-0.03%)
^EURUSD : 1.16096 (+0.10%)
The Dollar Is Still the Strongest Currency in the World. Sell the Euro.

September Euro currency futures present a selling opportunity on more price weakness.

$DXY : 99.46 (-0.07%)
E6U26 : 1.16560 (+0.08%)
Dollar Retreats with Weakness in Crude Oil

The dollar index (DXY00 ) today is down by -0.26%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down more than -3% today and lowered inflation expectations,...

DXY00 : 99.457s (-0.07%)
GCQ26 : 4,504.3 (+0.84%)
SIN26 : 74.170 (+0.65%)
^USDJPY : 160.039 (-0.03%)
^EURUSD : 1.16096 (+0.10%)
CADJPY Breaks Trendline Support as Deeper Correction Unfolds

CADJPY has seen a very nice push higher recently after we identified a wave four retracement, but now price is coming down from around 117.50 and is even trying to break the lower trendline support near...

Dollar Rallies on Strength in Crude and the US Economy

The dollar index (DXY00 ) on Wednesday rallied to a 1.75-month high, finishing up by 0.31%. The dollar moved higher on Wednesday, supported by a +2% increase in WTI crude oil prices, which lifts inflation...

DXY00 : 99.457s (-0.07%)
GCQ26 : 4,504.3 (+0.84%)
SIN26 : 74.170 (+0.65%)
^USDJPY : 160.039 (-0.03%)
^EURUSD : 1.16096 (+0.10%)
Strength in US Economic Reports Boosts the Dollar

The dollar index (DXY00 ) today is up by +0.23%. The dollar is moving higher today and is being supported by a +1% increase in WTI crude oil prices, which lifts inflation expectations and may prompt the...

DXY00 : 99.457s (-0.07%)
GCQ26 : 4,504.3 (+0.84%)
SIN26 : 74.170 (+0.65%)
^USDJPY : 160.039 (-0.03%)
^EURUSD : 1.16096 (+0.10%)
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