US Dollar Index bias flipped 21 times to neutral on August 6, 2026
The US Dollar Index is trading near multi-week lows, subdued below 100.00, as weak US labor data pressures the currency even as Fed Chair Kevin Warsh is reportedly prepared to raise rates in September. A surge in gold and reports of Hormuz reopening hopes, which have contributed to an oil price collapse, are also keeping the greenback under pressure. Market attention now turns to upcoming US data for near-term direction.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 21 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
- 01:16Weak bullish
- 02:05Neutral
- 02:33Bullish
- 02:41Bearish
- 05:51Bullish
- 06:36Neutral
- 08:00Weak bearish
- 08:16Neutral
- 10:04Bearish
- 11:17Weak bullish
- 11:45Neutral
- 12:13Weak bullish
- 13:25Weak bearish
- 14:09Bullish
- 16:34Weak bearish
- 17:30Bearish
- 20:14Bullish
- 21:15Weak bullish
- 21:19Neutral
- 22:07Weak bullish
- 22:11Neutral
Headlines (16)
First seen on August 6
- United States Dollar Index (DXY) struggles near 99.65 and remains close to multi-week lowFXStreet
- $4,350 and US NFP in focus: Gold bulls tighten grip on Hormuz reopening hopesFXStreet
- Fed Chair Kevin Warsh Prepared to Raise Interest Rates in Septemberwatcher.guru
- Australian Dollar holds as Oil rally offers no helpFXStreet
- Forex Today: US Dollar firms ahead of Nonfarm Payrolls as Hormuz risk returnsFXStreet
- Fed’s Musalem backs rate hikes, says inflation remains too highFXStreet
- More from a hawkish , says gradual hikes beat abrupt moves as inflation risk buildsInvestingLive
Carried over from earlier days
- United States Dollar holds gains amid Middle East uncertainty, hawkish Fed oddsFXStreet
- Euro holds above 1.1500 on Hormuz reopening hopes and softer US jobs dataFXStreet
- British Pound rebounds as soft JOLTS, Oil fall pressures the USDFXStreet
- Forex Today: Oil extends collapse on Hormuz reopening reports, Silver surgesFXStreet
- US Dollar Index Price Forecast: Bears eye two-month lows around 99.40FXStreet
- United States Dollar Index trades subduedly below 100.00 ahead of US dataFXStreet
- US Dollar: Limited downside on softer payrolls – TD SecuritiesFXStreet
- Scotiabank's chart book quietly makes the case that the AI trade has changedInvestingLive
- Forex Today: Gold surges above $4,240 as US labor data crumblesFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 6 | ||
| FOMC Member Daly Speaks | USD | |
| Goods Trade Balance | -1.06B | AUD |
| 30-y Bond Auction | JPY | |
| German Factory Orders m/m | 0.5% | EUR |
| Unemployment Rate | 3.1% | CHF |
| ECB Economic Bulletin | EUR | |
| Italian Industrial Production m/m | 0.3% | EUR |
| Construction PMI | 40.0 | GBP |