Dollar Rises to One-Year High, U.S. Markets Closed for Holiday

Live updates

1. 5d ago

   Global Markets Rally on Potential U.S.-Iran Deal as S&P 500 nears Record High

   Global stocks rose Tuesday morning, with the S&P 500 trending toward its first record high since June. The rally follows a surge in the TSX, which opened 1.2% higher at 35,646.96. Positive sentiment stems from President Donald Trump's announcement of new talks with Tehran, which he described as Iran's "last chance" to reach a deal and avoid further U.S. strikes. While European benchmarks and U.S. futures drifted higher, Asian markets showed mixed results, with Japan's Nikkei falling 0.5%.

   Why it matters

   The market shift follows a volatile July where inflation concerns grew and the U.S. dollar hit a one-year high. Investors are now weighing these economic pressures against the geopolitical impact of reopened diplomatic channels. The potential reopening of the Strait of Hormuz remains a key factor for global oil prices.

   What is confirmed

   • The S&P 500 is on track for its first record high since June.
   • President Donald Trump stated new talks are the "last chance" for Iran to forge a deal to avoid escalated U.S. strikes.
   • Canada's main stock index opened Tuesday at 35,646.96, up 420.82 points.

   Still unconfirmed

   • Japan's Nikkei fell 0.5% and the Topix slid 0.2% to 3,779.29.
   • The NZX 50 index rallied as oil prices fell following a pause in hostilities with Iran.

   What to watch next

   • Outcome of the planned diplomatic talks between the U.S. and Tehran
   • Movement of the S&P 500 regarding its June record high
   • Official confirmation of the reopening of the Strait of Hormuz
   Sources used for this update (8)

   1. www.latimes.com — Stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
   2. familydestinationsguide.com — The Impossibly Charming Connecticut Town That Looks Like It Belongs On The Hallmark Channel
   3. www.zawya.com — Asia markets make cautious start, oil rises on US-Iran talks
   4. apnews.com — Oil prices gain and Asian shares are mixed after a rally on Wall Street
   5. www.cnn.com — The S&P 500 is back near record highs. Here’s why
   6. www.baystreet.ca — TSX Takes Good Vibes from Latest Iran Peace Deal
   7. www.wandtv.com — The Latest: Trump says new talks are Iran's 'last chance' to make a deal
   8. www.nbr.co.nz — NZX 50 gains as oil prices ease; Vista hits two-month high
   confidence 90%
2. 10d ago

   US Dollar Hits One-Year High as Economy Grows 1.5%

   The U.S. dollar index reached 101.44, its highest point since May 13, 2025. Second-quarter economic growth was a sluggish 1.5% due to rising imports. Consumer spending increased despite high inflation.

   What's confirmed:

   • The U.S. economy expanded at a 1.5% pace from April through June.
   • The U.S. dollar index rose to 101.44.

   Still unconfirmed:

   • Traders expect the Federal Reserve to maintain a hawkish stance.
   Sources used for this update (2)

   1. Sensex today | Stock Market highlights: Sensex, Nifty close in the green; auto stocks drive markets higher
   2. US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
   confidence 90%
3. 11d ago

   U.S. Dollar Hits One-Year High Amid Market Holiday

   The U.S. dollar index climbed to 101.44, the highest level since May 13, 2025. Traders expect the Federal Reserve to maintain a hawkish stance. The currency is currently seeing its biggest monthly gain in nearly a year.

   Sources used for this update (3)

   1. Cheap labour export is not a wise strategy
   2. The Hershey Company HSY Stock Forecast & Price Target
   3. Silver Rate in Bangalore Today (as on 28 Jul, 2026)
   confidence 100%
4. 41d ago

   U.S. Dollar Hits One-Year High Amid Fed Rate Hike Bets

   The U.S. dollar index reached 101.44, its strongest level since May 13, 2025. Traders are positioning for a hawkish Federal Reserve. The currency is on track for its largest monthly gain in nearly a year.

   What's confirmed:

   • The U.S. dollar index reached a high of 101.44.
   • This level is the strongest since May 13, 2025.
   • The dollar is on track for its biggest monthly gain in nearly a year.
   • Traders are betting on Federal Reserve rate hikes.

   Still unconfirmed:

   • Warsh's efforts for price stability and against the Fed's balance sheet are impacting currency markets.
   • The yen strengthened after nearing a 40-year low.
   Sources used for this update (7)

   1. US Dollar Climbs to One-Year High as Fed Rate Hike ... - EconoTimes
   2. Dollar eases from 13-month high after burst of economic numbers - CNBC
   3. Dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low
   4. Here's Why the U.S. Dollar Index Just Reached a One-Year High
   5. US Dollar at over one year high as rate hike bets, stock rout boost ...
   6. Dollar rises on bets of Fed rate hikes - Dollar Index
   7. Here Are Tuesday’s Best Wall Street Analyst Research Calls:
   confidence 90%
5. 45d ago

   US Dollar Hits One-Year High Amid Rate Hike Expectations

   The US dollar index reached a one-year high on Thursday. Investors are reacting to a hawkish Federal Reserve and a tech stock sell-off. US markets remain closed for a holiday.

   What's confirmed:

   • The US dollar index hit a one-year high on Thursday.
   • Investors are positioning for Federal Reserve rate hikes.

   Still unconfirmed:

   • The US dollar rose to a 13-month high on Wednesday due to a tech stock sell-off.
   • The European Union Aviation Safety Agency advised airlines to avoid airspace over Iran, Iraq and Lebanon until July 1.
   • The Sensex closed at 77,100.47.
   Sources used for this update (6)

   1. Dollar hits one-year high on Fed hike bets - Markets - Business Recorder
   2. US Iran War Live Updates: EU body warns airlines against Iran, Iraq airspace despite US-Tehran ceasefire
   3. U.S. dollar rises to 13-month high on Fed rate hike views
   4. Sensex today | Stock Market Highlights: Sensex crosses 77,100 as Nifty ends above 24,000 in cautious trade
   5. Want to buy an island? This man can make your dream come true
   6. Dollar Rises to One-Year High, U.S. Markets Closed for Holiday
   confidence 90%
6. 50d ago

   US Dollar Hits One-Year High Amid Fed Rate Hike Bets

   The US dollar index reached a one-year peak as investors anticipate higher interest rates. The Federal Reserve maintained current rates but adopted a more hawkish tone. US markets are currently closed for a holiday.

   What's confirmed:

   • The dollar index DXY reached a one-year high of 101.127.
   • The Federal Reserve held interest rates steady.
   • US markets are closed for a holiday.
   • The US dollar rose due to increased prospects of higher US interest rates.

   Still unconfirmed:

   • The US and Iran signed an interim peace deal on Wednesday.
   • Warsh wants the Fed to send fewer signals.
   • Japanese officials issued verbal warnings regarding yen weakness.
   Sources used for this update (13)

   1. Federal Reserve holds interest rates steady amid resurgent inflation
   2. There’s a new sheriff in town at the Fed. Markets are still learning his rules
   3. Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.
   4. Markets are set for a much more hawkish Warsh Fed than expected
   5. Dollar Rises to One-Year High on Increased Prospects of Higher U.S. Interest Rates
   6. Dollar Rises to One-Year High, U.S. Markets Closed for Holiday
   7. Warsh brings a skinny Fed approach to a complex, information-hungry world
   8. Week Ahead for FX, Bonds: U.S. Inflation Data in Focus as Prospects of Fed Rate Hike Increase
   9. Dollar hits one-year high on Fed hike bets; Japan warns on yen - CNBC
   10. Dollar hits one-year high on Fed hike bets; Japan warns on yen
   11. Dollar hits one-year high as DXY touches 101.127; U.S. markets shut for ...
   12. Dollar hits one-year high as bets on higher US interest rates intensify
   confidence 90%