Daily Market Updates: Dollar index slips as Middle East tensions ease

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At close · Thu, Jul 9, 2026

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Dollar index slips as Middle East tensions ease

The US Dollar Index fell 0.14% to 100.93, while lower oil prices reduced expectations that the Fed will stay more hawkish.

Reported · Written up by our desk · Major Pairs

FXStreet reports the US Dollar Index, or DXY, fell 0.14% to 100.93 as tensions in the Middle East eased.

The outlet said the calmer backdrop weighed on oil prices, which in turn trimmed Fed hawkish bets that had been boosted by the energy shock.

Sources

FXStreetUnited States Dollar Index falls as Middle East calm cools inflation fears

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