S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
- The Euro jumps to near 1.1410 against the US Dollar as safe-haven demand diminishes.
- The exchange of attacks in the Middle East pauses as the list containing targets in Iran is exhausted.
- Investors await the Fed’s policy announcement and the flash Eurozone HICP data for July.
The Euro (EUR) trades 0.36% higher to near 1.1410 against the US Dollar (USD) during the European trading session on Monday. The major currency pair trades firmly as the revival of risk-on market sentiment has diminished the safe-haven appeal of the US Dollar.
In the European trade, S&P500 futures trade almost 1% higher to near 7,485, reflecting a risk-on market mood. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.25% lower to near 101.20.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.40% | -0.25% | -0.20% | 0.01% | -0.41% | -0.30% | -0.48% | |
| EUR | 0.40% | 0.11% | 0.19% | 0.39% | -0.02% | 0.11% | -0.10% | |
| GBP | 0.25% | -0.11% | 0.07% | 0.28% | -0.14% | -0.04% | -0.21% | |
| JPY | 0.20% | -0.19% | -0.07% | 0.17% | -0.23% | -0.13% | -0.29% | |
| CAD | -0.01% | -0.39% | -0.28% | -0.17% | -0.40% | -0.30% | -0.48% | |
| AUD | 0.41% | 0.02% | 0.14% | 0.23% | 0.40% | 0.13% | -0.09% | |
| NZD | 0.30% | -0.11% | 0.04% | 0.13% | 0.30% | -0.13% | -0.21% | |
| CHF | 0.48% | 0.10% | 0.21% | 0.29% | 0.48% | 0.09% | 0.21% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
The risk-appetite of financial markets has improved amidst the pause in military aggression between the United States (US) and Iran. Over the weekend, a spokesperson from the US military stated that the attacks on Iran have paused as the provided target list has been exhausted.
US ambassador to the United Nations (UN) Mike Waltz said that while forces remained locked and loaded, President Donald Trump wants to give negotiations a little bit of room. The Guardian reported.
On the domestic front, investors await the Federal Reserve’s (Fed) monetary policy announcement on Wednesday. The Fed is expected to leave interest rates unchanged in the range of 3.50%-3.75%. The impact of Fed Chair Kevin Warsh’s press conference is expected to be insignificant, as he clarified in the previous press conference that “so-called forward guidance is not well-suited in the current policy juncture”.
In the Eurozone, investors await the preliminary Harmonized Index of Consumer Prices (HICP) data for July, which will be released on Friday. The inflation data will have a significant impact on the European Central Bank’s (ECB) interest rate expectations, given that the majority of policymakers have warned of upside inflation risks.
On Thursday, ECB President Christine Lagarde said in the press conference, “Risks to inflation tilted to upside.” Lagarde added, “Energy shock likely to keep inflation well above target into first half of 2027.”
