[MARKET UPDATE] DXY edges higher in recent trade as oil prices remain elevated; G10 peers fall in tandem with high-beta the underperformers; news flow light in recent trade
The DXY's recent uptick suggests a flight to safety as oil prices stay elevated, which typically supports the USD against its G10 peers.
Japanese Finance Minister Katayama says Japan is not fearing risks of stagflation so much for the time being
PulteGroup (PHM) Q1 2026 (USD): EPS 1.79 (exp. 1.82), Revenue 3.41bln (exp. 3.38bln)
[MARKET UPDATE] DXY edges higher in recent trade as oil prices remain elevated; G10 peers fall in tandem with high-beta the underperformers; news flow light in recent trade
PulteGroup (PHM) raises share repurchase authorisation by USD 1.5bln, taking the total size to USD 2.1bln
Mobileye (MBLY) announces USD 250mln share buyback
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This dynamic indicates risk aversion is impacting higher-beta currencies more severely, signaling potential volatility ahead as market participants digest the lack of news flow. traders should keep an eye on how sustained oil prices may influence broader economic sentiment and the subsequent reaction in the USD.
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