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Wed, Jun 3rd, 2026

FX News and Commentary

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Wed, Jun 3rd, 2026
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 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
Dollar Recovers on US Labor Market Strength

The dollar index (DXY00 ) on Tuesday rose by +0.02%. The dollar recovered from early losses on Tuesday and moved slightly higher after US Apr JOLTS job openings unexpectedly rose to a 23-month high, a...

DXY00 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
Dollar Slips on US-Iran Peace Hopes

The dollar index (DXY00 ) today is down by -0.04%. Comments from President Trump have reduced safe-haven demand for the dollar when he said that negotiations with Iran are continuing "at a rapid pace"...

DXY00 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
Dollar Rises on Hawkish Rally in Oil Prices

The dollar index (DXY00 ) on Monday rose by +0.28% on safe-haven demand after Iran said it had halted ceasefire talks with the US, which raised the potential threat of a resumed full-scale US attack on...

DXY00 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
Dollar Rises on Hawkish Rally in Oil Prices

The dollar index (DXY00 ) is up +0.42% on safe-haven demand after Iran said it halted ceasefire talks with the US, which could prompt a new large-scale US military attack on Iran. That report prompted...

DXY00 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
Bears Are in Control of the Canadian Dollar. Here’s When It’s Time to Sell.

September Canada dollar futures present a selling opportunity on more price weakness.

D6U26 : 0.72280 (-0.45%)
Gold’s Bounce Failed Where It Should Have

And we've seen what this means before.

Dollar Falls as Stocks Rally on Iran Deal Optimism

The dollar index (DXY00 ) on Friday fell to a 2-week low and finished down by -0.14%. The improving prospects for a US-Iran peace deal sparked a rally in stocks, reducing liquidity demand for the dollar....

DXY00 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
Dollar Inches Higher on US Economic Strength

The dollar index (DXY00 ) today is up +0.02%. The dollar found some support today after the May MNI Chicago PMI rose more than expected at its strongest pace in 4.25 years. On the negative side for the...

DXY00 : 99.505 (+0.29%)
GCQ26 : 4,470.1 (-1.10%)
SIN26 : 73.680 (-2.48%)
^USDJPY : 159.995 (+0.04%)
^EURUSD : 1.16008 (-0.26%)
AUDUSD Recovery Continues as Bulls Defend 0.7100 Support

Aussie is again on the rise after stabilizing at the previous swing support around 0.7100, so it now appears that the drop from the first half of the week was only a wave B flat correction. That means...

Tue Jun 2, 10:50AM CDT
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