[MARKET UPDATE] Modest upside seen in the DXY which resides around 98.50, downticks in G10 peers, albeit ranges narrow; newsflow remains light

The DXY is experiencing a modest upside, suggesting a slight strengthening of the dollar against G10 currencies that are showing downticks.

Newsquawk StaffPublished 5 May 2026, 00:46 UTCOn the live feed at 00:26 UTC — 1 more headline followed before this page went public

Newsquawk headlinesUTC

00:55

Two US Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials who spoke to CBS News; "Iran launched small boats, missiles and drones against them"

00:28

PRE-MARKET TAIWANESE AND SINGAPOREAN STOCKS NEWS

00:26

[MARKET UPDATE] Modest upside seen in the DXY which resides around 98.50, downticks in G10 peers, albeit ranges narrow; newsflow remains light

00:14

[CALENDAR ADDITION] US Department of War press conference on Operation Epic Fury at 08:00EDT / 13:00BST

00:01

[MARKET UPDATE] ASX 200 opens -0.5% following losses from Wall Street and with Westpac in the red post-earnings; Japan and South Korean markets are closed amid domestic holidays; newsflow and liquidity thin

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Context

This movement, combined with narrow trading ranges and light news flow, indicates a lack of significant drivers in the market, which may lead to continued cautious trading in FX pairs as investors await fresh catalysts.

All markets · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

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