US Dollar Index bias flipped 2 times to neutral on August 1, 2026
The US Dollar Index initially bounced off its lowest level since June 17, recovering above 100.00, but then extended its sell-off following weak US growth data and suspected Japanese intervention in the Yen, which weighed on the dollar and lifted gold. A double top breakdown in the index also points to potential downside pressure, though the immediate driver remains the interplay of US economic data and intervention-related flows.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 2 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bullish
- 02:22Weak bullish
- 12:56Neutral
Headlines (12)
First seen on August 1
- Dollar Hit by Intervention Despite Bullish Macro Factors. Correction or Reversal?ActionForex
- CFTC Report: Bearish FX extremes deepen as cross-asset signals divergeFXStreet
Carried over from earlier days
- Gold approaches $4,100 as suspected Japanese intervention hits US DollarFXStreet
- Euro climbs to six-week high as suspected Japanese intervention pressures GreenbackFXStreet
- Gold jumps as suspected Yen intervention crushes Dollar, Fed bets easeFXStreet
- Forex Today: US Dollar extends sell-off after weak US growth, Yen surges on suspected interventionFXStreet
- The Australian Dollar clears a big figure on an intervention it will come to regretFXStreet
- United States Dollar Index bounces off its lowest level since June 17, back above 100.00FXStreet
- US Dollar Index Price Forecast: Exposes to 99.00 on Double Top breakdownFXStreet
- Experts agree: The US Dollar rally might have found serious headwindsFXStreet
- Euro slips back below 1.1500 as US Dollar recoversFXStreet
- Gold slides as US yields surge, keeping $4,100 out of reachFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, August 2 | ||
| Building Consents m/m | NZD | |
| Bank Holiday | AUD | |
| Monday, August 3 | ||
| Final Manufacturing PMI | 54.7 | JPY |
| MI Inflation Gauge m/m | AUD | |
| RatingDog Manufacturing PMI | 51.9 | CNY |
| German Retail Sales m/m | -0.4% | EUR |
| CPI m/m | -0.1% | CHF |
| Spanish Manufacturing PMI | 50.5 | EUR |