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fxJun 30, 2026, 11:06 PM

Lower Oil Seen Supporting Demand, Keeping Dollar Strong

Lower oil prices may boost demand more than they reduce inflation, reinforcing the Fed's stance and keeping the dollar and front-end yields in control.

DXY

The quarter ended with strong gains, but market direction shifted several times during the period.

Lower oil prices are expected to support demand more than they drag down inflation, according to market commentary. This dynamic keeps the Federal Reserve, front-end yields, and the U.S. dollar firmly in the driver's seat.

Source: FXStreet Forex News