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Euro FX Jun '26 (E6M26)

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Euro FX Futures Market News and Commentary

Dollar Advances as Iran War Rages

The dollar index (DXY00) rose to a 1-week high on Friday and finished up by +0.27%.  The dollar moved higher on Friday as the risk of a protracted Iran war boosts safe-haven demand for the dollar.  Also, Friday's +5% rally in crude oil prices is pushing inflation expectations higher, potentially forcing the Fed to keep monetary policy restrictive, a bullish factor for the dollar.  Friday's stock slump also boosted liquidity demand for the dollar. 

The dollar found support on Friday as Iran and Israel exchanged missile fire, and Iran targeted several Gulf states as the war entered its 27th day.  Saudi Arabia said it intercepted two ballistic missiles headed for Riyadh, and Kuwait said drones damaged the port of Shuwaikh, while another port called Mubarek Al Kabeer was also targeted.  Meanwhile, the Wall Street Journal reported the Pentagon is considering sending as many as 10,000 additional troops to the Middle East, on top of 5,000 already sent.

The University of Michiga... Read more

  • Dollar Advances as Iran War Rages

    The dollar index (DXY00 ) rose to a 1-week high on Friday and finished up by +0.27%. The dollar moved higher on Friday as the risk of a protracted Iran...

  • Dollar Gains on Concerns Over a Protracted Iran War

    The dollar index (DXY00 ) today rose to a 1-week high and is up by +0.05%. The dollar is slightly higher today as the risk of a protracted Iran war boosts...

  • NZDUSD Potentially Finishing Wedge Pattern

    NZDUSD shows signs of completing a wedge pattern, suggesting a potential short-term bounce.

  • Dollar Supported by Iran War and Slumping Stocks

    The dollar index (DXY00 ) on Thursday rose by +0.35%. The dollar rose on Thursday as doubts about whether a ceasefire in Iran will materialize weighed...

  • Iran Ceasefire Doubts Boost the Dollar

    The dollar index (DXY00 ) today is up by +0.19%. The dollar is climbing today as doubts about whether a ceasefire in Iran will materialize weigh on stocks...

  • Dollar Supported by Ongoing US-Iran War

    The dollar index (DXY00 ) on Wednesday rose by +0.22%. The dollar recovered from early losses on Wednesday and moved higher after Iran said it rejected...

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