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fxJul 15, 2026, 11:51 AM

US Dollar Edges Higher; China GDP Disappoints

The US dollar is mostly firmer today though trading within recent ranges. China's GDP data fell short of expectations.

DXYWTI

The US dollar strengthened modestly on Monday, trading within well-established ranges against most G10 currencies. The move came as China's GDP release disappointed market forecasts, though the broader news calendar remained light.

Meanwhile, geopolitical tensions resurfaced after the US intensified strikes against Iran, pushing August WTI crude futures back near $80 per barrel. The combination of soft Chinese data and heightened Middle East risk is keeping the greenback supported.

Source: FXStreet Forex News