U.S. Dollar Index Dec '21 (DXZ21)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) is down by -0.55% today.  The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 12% from 43% on Monday, further weighing on the dollar. Â
Losses in the dollar are limited after Fed Chair Warsh said the US economy is resilient and growing at a solid pace.  Also, escalating hostilities in the Middle East are boosting safe-haven demand for the dollar after US forces launched another round of strikes against Iran today and the UAE said Iran attacked two oil tankers in Omani waters. In addition, today’s +3% jump in crude oil prices to a1-month high raises inflation expectations and could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.Â
US Jun CPI eased to +3.5% y/y from +4.2% y/y in May, a slower pace of increase than expectations of +3.8% y/y. ... Read more
Barchart · Tue Jul 14, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor...
Barchart · Mon Jul 13, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle...
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Barchart · Mon Jul 13, 9:34AM CDT
The dollar index (DXY00 ) today is up by +0.15%. The dollar has found support today on some safe-haven demand from escalating hostilities in the Middle...
Barchart · Fri Jul 10, 2:33PM CDT
The dollar index (DXY00 ) recovered from a 1-week low on Friday and finished up by +0.07%. The fragile and uncertain situation in the Middle East is supporting...
Barchart · Fri Jul 10, 9:36AM CDT
The dollar index (DXY00 ) recovered from a 1-week low today and is up +0.03%. The fragile and uncertain situation in the Middle East is supporting safe-haven...
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