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fxJul 9, 2026, 5:23 AM

US Dollar Index Stays Pressured Near 101.00 Amid Fed Bets and Iran Risks

The US Dollar Index (DXY) trades with a negative bias for a second consecutive day, hovering near 101.00 as market expectations of Federal Reserve policy and geopolitical tensions with Iran help limit further downside.

DXY

The US Dollar Index (DXY) remains under pressure, trading with a negative bias for the second straight day during the Asian session. The index is confined within the previous day's range, hovering near the 101.00 level.

Losses are being limited by ongoing bets on Federal Reserve policy direction and heightened Iran-related geopolitical risks, which provide some support to the greenback despite the broader bearish sentiment.

Source: FXStreet Forex News