The U.S. dollar fell on Tuesday, as investors deliberated over the chances of a Federal Reserve rate reduction next month following dovish comments from policymakers, while the Japanese yen remained on intervention watch.

The US Dollar Index is pinned around the 100 level, but an explosive move is building as markets brace for a wave of high-impact US data. Retail Sales, PPI, Building Permits, Durable Goods, and GDP all hit this week — a cluster that will decide whether DXY breaks out or breaks down.

Singapore state investor Temasek Holdings Pte. has been “forced to hedge” the US dollar this year, according to its chief executive officer, calling the greenback’s weakness a big issue for foreign investors.

The yen was the worst performer against an otherwise weaker dollar on Monday, as investors watched for any signs of official buying from Tokyo to stem the slide in the Japanese currency.

Brokerages have begun to place bullish bets on the S&P 500 for the end of 2026. Deutsche Bank sees the index at 8,000 by the end of next year, while JPMorgan and Societe Generale gave slightly conservative targets of 7,

The exchange rate for the US dollar compared to the Iraqi dinar started to decline on Tuesday in the Iraqi capital, Baghdad, and in Erbil.

The rupee slipped 1 paisa to close at 89.23 (provisional) against the US dollar in a range-bound trade on Wednesday, as firm domestic equities and a slide in global crude prices offset the impact of a strengthening greenback.

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 42nd day in a row on Monday. Meanwhile, it posted gains against some of the other

Traders said the rupee’s slide accelerated after it broke past the long-defended 88.80 level, with the Reserve Bank of India appearing to scale back its recent interventions.