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fxJul 10, 2026, 6:29 PM

Dollar Index Holds Steady Amid Geopolitical Tensions, Fed Uncertainty

The US Dollar Index (DXY) trades in a tight range on Friday as a sparse economic calendar leaves traders focused on Middle East developments and the Federal Reserve's policy outlook.

DXY

The US Dollar Index (DXY) fluctuated in a volatile range on Friday, with little net change as market participants weighed renewed US-Iran hostilities and the monetary policy trajectory of the Federal Reserve.

A light US economic calendar offered no catalyst, leaving geopolitical headlines to drive intraday moves. Traders continue to assess the impact of the latest Middle East tensions on risk appetite and safe-haven flows.

No new economic data or Fed commentary was released, keeping the index rangebound ahead of the weekend.

Source: FXStreet Forex News