empty
 
 

2026.06.1101:01:38UTC+00Dollar Hovers Near 2-Month Highs

The dollar index hovered around 100 on Thursday, holding near a two-month high after the US military carried out new strikes against Iran. President Donald Trump accused Tehran of stalling negotiations on an interim peace deal, bolstering demand for safe-haven assets. The prolonged conflict and the ongoing near-total closure of the Strait of Hormuz continued to disrupt energy shipments from the Persian Gulf, heightening concerns about inflationary pressures and potential central bank rate increases. At the same time, US consumer inflation accelerated in May to its fastest pace in more than three years, driven by surging energy prices, though the figure was in line with market expectations. Traders slightly scaled back their forecasts for additional Federal Reserve rate hikes this year, although a quarter-point increase in December remains fully priced in. Investors are now looking to upcoming producer inflation data and weekly jobless claims for further guidance on the Fed’s policy outlook.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback