Daily Market Updates: Energy spike helped support Fed hawks and the US dollar index

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At close · Thu, Jul 9, 2026

Forex

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Energy spike helped support Fed hawks and the US dollar index

Reported · Written up by our desk · Major Pairs

FXStreet cited ING, saying Fed hawks were supported by a spike in energy prices, helping the US Dollar Index.

Latest closeDollar index 100.99 ▼0.1%

← Newer storyECB hawkish repricing lifts ECB hike odds and pressures European asse…Older story →Dollar outlook turns constructive as oil risks build

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Sources

FXStreetUS Dollar Index: Fed hawks supported by energy spike – ING

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