Market Pulse by Monex
Short daily FX intelligence for treasurers, hedgers, and operators — the overnight moves that matter, in under five minutes.
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USD losing ground, Hormuz crucial in potential peacemaking
The U.S. Dollar is trading in mostly unfavorable ranges as reports of a potential deal to permanently reopen the Strait of Hormuz is renewing appetite for risk and aiding all its peers.
USD down, stocks rising, Yen hits pause
The U.S. Dollar is tumbling a bit this morning as markets rise based on risk-appetite while everyone awaits clarity on the potential for a peace deal to end the Middle East crisis.
Buck trading tightly, FX interventions may become a thing
The U.S. Dollar is trading in mostly tight ranges with markets digesting a weekend of shifting narrative when it comes to the armed conflict in the Persian Gulf as well as FX intervention from the Bank of Japan.
Dollar recovers as markets face major volatility
The U.S. Dollar is back to trading in favorable ranges after a rapid loss of value throughout yesterday’s session following a bit of confusion regarding the Fed’s messaging combined with low growth.
Buck down, Fed jitters hit markets
The U.S. Dollar is trading at its weakest overall level in two weeks, per the Bloomberg Dollar Spot Index, after dropping by over half a percent following the Fed’s monetary policy decision and press conference.
U.S. Dollar quiet as curiosity over Fed builds
The U.S. Dollar is trading in tight ranges across the board ahead of today’s Federal Reserve monetary policy decision and post-press conference.
Buck steady ahead of Fed and central bank meetings
The U.S. dollar is trading in mostly familiar ranges as markets balance lower oil prices and firmer Treasuries against renewed volatility across global technology shares.
U.S. Dollar mixed ahead of busy central bank week
The U.S. Dollar is trading in mostly familiar ranges, with most peers performing slightly better as markets take into account easing Middle East tensions.
G-10 and others return to gains post-USD rally
The U.S. Dollar is currently in retreat after having had a solid performance during yesterday’s trading session, which brought it to its highest overall level since the start of July, per the Bloomberg Dollar Spot Index.
Dollar Under Pressure Amid Increasing Escalations
The U.S. Dollar is under modest pressure after the United States and Iran launched strikes against each other for the 12th consecutive day.
Dollar Mixed as Diplomacy Falters
The U.S. Dollar continues to trade in mixed ranges as the United States and Iran traded blows overnight for the 11th consecutive day.
July starts with stronger USD, attention on Sintra
The U.S. Dollar is trading in mostly favorable ranges as July begins with some caution, with traders and investors closely monitoring central bank commentary in Portugal and Kevin Warsh’s first international meeting as Fed chair.
Buck regains, Stocks flourish, Yen 40-year low
The U.S. Dollar is back to trading in mostly favorable ranges as the first half of the year comes to an end.
Buck slides as Majors, EM FX, look to recover
The U.S. Dollar is trading in mostly weaker ranges to start the week after sessions that saw it rally and reach its strongest overall value since May 2025, per the Bloomberg Dollar Spot Index.
Dollar Up Ahead of PCE Data
The U.S. Dollar is up against its peers as Traders prepare for a slew of economic data.
Dollar Extends Gains for Third Day
The U.S. Dollar is up against major peers for a third consecutive day of gains, reaching its highest level since November.
Dollar Mixed on Iran Progress
The U.S. Dollar is trading in mixed ranges as ‘major progress’ in negotiations for a final deal between the U.S. and Iran is capping upside from the Federal Reserve’s hawkish tilt last week.
Dollar Up as Traders Shed Risk
The U.S. Dollar is up against the majority of G10 peers as Traders take a risk-off stance.
Buck rises to best value since March post-Fed
The U.S. dollar is trading at its strongest overall level since the end of March, according to the Bloomberg Dollar Spot Index, following a “hawkish” Federal Reserve policy announcement.
U.S. Dollar tight ahead of 2PM FOMC presser
The U.S. Dollar is trading in mostly familiar ranges across the board ahead of the Federal Reserve’s policy announcement and press conference, which will be the first one presided by incoming chairman Kevin Warsh.
Buck in tight ranges, Fed tomorrow, Deal signing Friday
The U.S. Dollar is trading in tight ranges as markets stay cautious ahead of the Federal Reserve’s policy decision announcement tomorrow and the signing of a peace deal on Friday.
Dollar Up on Deal Optimism
The U.S. Dollar is trading in positive ranges against its major peers following a report that the U.S. and Iran are negotiating an agreement to end the nearly four-month conflict.
Dollar falls as Middle East tensions ease with deal
The U.S. Dollar is starting off the week in weaker ranges across the board after reports that the United States and Iran agreed on a preliminary peace deal.
Dollar Up After PPI Release
The U.S. Dollar is up against its major peers following the release of hotter-than-expected Producer Price Index (PPI) numbers.
Dollar Mixed on Month End Flows
The U.S. Dollar is trading in mixed ranges, primarily as a result of month- and quarter-end rebalancing flows.
Dollar Mixed Ahead of U.S. Inflation Data
The U.S. Dollar is trading in mixed ranges as Traders prepare for U.S. Consumer Price Index (CPI) numbers to be released at 8:30am.
Dollar Slips for Second Day
The U.S. Dollar is down against its peers this morning as Traders weigh the likelihood of a ceasefire in the Middle East and prepare for U.S. inflation data tomorrow morning.
Dollar Mixed on End to Israel/Iran Strikes
The U.S. Dollar is trading in mixed ranges after reports out of Iran indicate that they have concluded their latest military operation against Israel.
Week of no clear direction, Buck slides to close
The U.S. dollar is trading in weaker ranges across the board ahead of this morning’s labor data, as markets attempt to shake off disappointing results from the tech sector.
Buck falls, risk-appetite dropping, Majors rising
The U.S. Dollar is trading in weaker ranges across all peers, with a sour mood taking over markets following weak tech reports that have cast doubt on the recent stock rally, while concerns over Iran persist.
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