US Dollar Index bias flipped 11 times to neutral on August 3, 2026
The US Dollar Index is being driven by competing forces: hawkish Federal Reserve expectations and rate hike speculation, as cited by ING and JPMorgan, are providing support, while President Trump's announcement of new Iran talks has weakened the dollar as a safe haven, pulling it below 100.00. Falling oil prices and easing Treasury yields from recent highs are also influencing the currency's moves.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 11 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
- 00:00Weak bullish
- 03:08Bearish
- 07:09Neutral
- 07:25Bullish
- 09:05Neutral
- 10:01Bullish
- 10:13Weak bullish
- 10:17Neutral
- 13:10Bullish
- 14:38Neutral
- 16:41Bullish
- 20:45Neutral
Headlines (18)
First seen on August 3
- PBOC sets USD/CNY reference rate at 6.7898 vs. 6.7894 previousFXStreet
- United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin MondayFXStreet
- Swiss Franc declines against US Dollar amid hawkish Fed betsFXStreet
- US Dollar Index: Fed hike expectations support DXY – INGFXStreet
- Bitcoin Falls on Carry Trade Unwind Fears as US Treasury Sec Pledges Further Yen InterventionCoinGape
- Fed’s Williams: Affirms confidence for inflation to return to 2% targetFXStreet
- Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On YenterventionZeroHedge
- JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-endMarketWatch
- Euro pares gains as traders seek clarity on US-Iran talks, Fed monetary policyFXStreet
- USD/CHF Price Forecast: Technical outlook stays constructive above 0.8000FXStreet
- Forex Today: Oil collapses on Iran talks, Yen holds gainsFXStreet
Carried over from earlier days
- The Weekly Bottom Line: Markets Issue a Yellow Card to the FedActionForex
- Dollar Hit by Intervention Despite Bullish Macro Factors. Correction or Reversal?ActionForex
- CFTC Report: Bearish FX extremes deepen as cross-asset signals divergeFXStreet
- The Bank of England Is Moving Away From CoalOilPrice.com
- If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68kCryptoSlate
- Treasury sell-off shows Fed must reinforce inflation credibility, Musalem saysHellenic Shipping News
- FOMC HogWarshGold Eagle
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| 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 |
| Manufacturing PMI | 54.5 | CHF |
| Italian Manufacturing PMI | 52.5 | EUR |