US Dollar Index (DXY) retreats below 98.00 on risk appetite, lower US yields

July 19, 2025

in Forex

Reading Time: 2 mins read

The Greenback pulls again from highs as upbeat company earnings increase buyers’ urge for food for riskThe broader US Greenback pattern stays constructive, with the DXY on observe to shut its second consecutive week in inexperienced.The Greenback hit recent three-week highs on Thursday, following robust US Retail Gross sales and decrease Jobless claims information.

The US Greenback is buying and selling with a reasonable destructive tone on Friday. The chance-on temper triggered by the upbeat US company earnings seen on Thursday has prolonged to Friday’s European session, boosting demand for equities and pulling US yields and the USD decrease.

The US Greenback Index (DXY), which measures the worth of the USD towards the most-traded currencies, is presently testing ranges beneath 98.00 on the time of writing, down from the three-week excessive of 98.50 reached on Friday.

The broader pattern, nevertheless, stays constructive, with the DXY transferring 0.55% above the weekly opening and on observe to shut its second consecutive weekly acquire.

Sturdy company earnings boosted threat urge for food

US company earnings boosted threat urge for food on Thursday. Netflix outcomes beat expectations, TSMC, the most important AI chipmaker, confirmed its finest quarterly efficiency on report, and reviews from different corporations like PepsiCo and United Airways contributed to lifting market sentiment.

Past that, Fed Governor Christopher Waller reiterated his name for decrease rates of interest in the course of the late US buying and selling session and elevated bearish stress on the US Greenback.

Considerably earlier, the DXY hit a recent three-week excessive after US Retail Gross sales figures for June and Weekly Jobless claims information confirmed that consumption and employment stay resilient, offering a canopy to Fed Powell to maintain rates of interest unchanged for a while.

US Greenback PRICE As we speak

The desk beneath reveals the share change of US Greenback (USD) towards listed main currencies at this time. US Greenback was the strongest towards the Japanese Yen.

USD
EUR
GBP
JPY
CAD
AUD
NZD
CHF

USD

-0.38%
-0.19%
0.00%
-0.19%
-0.49%
-0.46%
-0.41%

EUR
0.38%

0.21%
0.40%
0.19%
-0.11%
-0.19%
-0.02%

GBP
0.19%
-0.21%

0.18%
0.00%
-0.30%
-0.33%
-0.21%

JPY
0.00%
-0.40%
-0.18%

-0.19%
-0.49%
-0.57%
-0.31%

CAD
0.19%
-0.19%
-0.00%
0.19%

-0.31%
-0.35%
-0.22%

AUD
0.49%
0.11%
0.30%
0.49%
0.31%

-0.05%
0.08%

NZD
0.46%
0.19%
0.33%
0.57%
0.35%
0.05%

0.13%

CHF
0.41%
0.02%
0.21%
0.31%
0.22%
-0.08%
-0.13%

The warmth map reveals proportion modifications of main currencies towards one another. The bottom foreign money is picked from the left column, whereas the quote foreign money is picked from the highest row. For instance, if you happen to decide the US Greenback from the left column and transfer alongside the horizontal line to the Japanese Yen, the share change displayed within the field will characterize USD (base)/JPY (quote).

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