Market News
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Federal Reserve: Close July call keeps Dollar traders data-focused – BNY
BNY strategists John Velis and David Tam expect the Federal Reserve (Fed) to keep the federal funds rate unchanged at the upcoming July Federal Open Market Committee (FOMC) meeting, while stressing it is a close call.
US Dollar: Stronger into FOMC on hawkish expectations – MUFG
MUFG’s Lee Hardman notes the US Dollar (USD) has reversed early-week losses and is trading near year-to-date highs ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting.
United States Dollar Index remains subdued near 101.50 amid Fed policy uncertainty
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after three days of gains and trading around 101.50 during the Asian session on Tuesday.
Japanese Yen flattens against US Dollar while Fed’s policy takes centre stage
The Japanese Yen (JPY) trades flat against the US Dollar (USD) at around 163.75 during the Asian trading session on Tuesday. The USD/JPY pair struggles for direction as investors have sidelined ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
US President Trump keeps Iran diplomacy alive after halting strikes
On Monday, US President Donald Trump grabbed the headlines as investors awaited monetary policy meetings by three of the eight major central banks, led by the Federal Reserve, the Bank of England, and the Bank of Japan.
The Dow Jones Industrial Average buys a peace nobody has signed, and the chips take it back
The Dow Jones Industrial Average (DJIA) trades near 52,200, up around 250 points, on Monday after a session that handed it the month's cleanest bullish catalyst and then took most of it back.
Swiss Franc slips against the US Dollar on diverging monetary policy expectations
USD/CHF climbs to fresh highs since June 2025 on Monday after Bloomberg reported that the Swiss National Bank (SNB) could keep its policy rate at zero until the end of 2027. The SNB later declined to comment on the report, according to Reuters.
USD/CAD Price Forecast: Technical outlook remains constructive above 1.4000
USD/CAD edges higher on Monday, paring earlier losses as the US Dollar (USD) rebounds after opening the week with a bearish gap. The Greenback initially weakened as a temporary pause in attacks between the United States (US) and Iran improved risk sentiment.
US Dollar: Policy uncertainty supports USD – BNY
BNY’s Geoff Yu says softer June Consumer Price Index (CPI) has reduced immediate inflation concerns, but limited Fed guidance continues to support policy uncertainty and US Dollar (USD).
US Dollar: Fed uncertainty tempers USD strength – MUFG
MUFG’s Lee Hardman notes the US Dollar has softened as Middle East tensions ease and Brent Oil retreats below USD90, reducing energy-driven inflation fears. The correction in energy prices has slightly lowered market-implied odds of a near-term Fed rate hike.
US Dollar: Fed communication key for path – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that markets have repriced the risk of a July Fed hike higher after Oil-driven inflation worries, but still expect no move.
US Dollar: Fed hold and data support – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects a hawkish Federal Reserve (Fed) hold and a goldilocks-like United States (US) macro backdrop to keep the US Dollar (USD) supported in coming days.
United States Dollar Index falls to near 101.00 after US-Iran strike halt
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after posting minor losses in the previous trading day, trading around 101.20 during the Asian session on Monday.