US Dollar Index bias flipped 12 times to neutral on August 4, 2026
The US Dollar Index is being driven by conflicting forces. Soft US jobs data and a sharp drop in oil prices on reports of a Hormuz reopening have pressured the greenback, while hawkish Federal Reserve expectations and lingering Middle East uncertainty provide support. These factors are keeping DXY rangebound as traders assess the monetary policy outlook and geopolitical risks.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 12 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
- 00:00Neutral
- 02:31Bullish
- 05:44Neutral
- 06:36Bullish
- 09:29Bearish
- 12:42Bullish
- 12:50Bearish
- 13:50Bullish
- 15:31Weak bearish
- 15:47Bearish
- 16:27Bullish
- 19:54Bearish
- 20:06Neutral
Headlines (13)
First seen on August 4
- United States Dollar Index (DXY) steadies around 100.00 as US-Iran tensions lend supportFXStreet
- United States Dollar holds gains amid Middle East uncertainty, hawkish Fed oddsFXStreet
- US Dollar: FOMC fallout weighs on USD – MUFGFXStreet
- British Pound rebounds as soft JOLTS, Oil fall pressures the USDFXStreet
- Euro holds above 1.1500 on Hormuz reopening hopes and softer US jobs dataFXStreet
- Forex Today: Oil extends collapse on Hormuz reopening reports, Silver surgesFXStreet
Carried over from earlier days
- 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
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, August 4 | ||
| Household Spending m/m | 0.2% | AUD |
| ANZ Job Advertisements m/m | AUD | |
| 10-y Bond Auction | JPY | |
| Commodity Prices y/y | AUD | |
| French Gov Budget Balance | EUR | |
| Spanish Unemployment Change | -18.4K | EUR |
| Italian Retail Sales m/m | 0.3% | EUR |
| Trade Balance | 3.0B | CAD |