Gold Research
United States Dollar Index (DXY) flat below 101.50 as bulls await FOMC amid Iran risks
The United States Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating below the 101.50 level during the Asian session as traders await the outcome of a two-day FOMC meeting, due later this Wednesday.
The United States Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating below the 101.50 level during the Asian session as traders await the outcome of a two-day FOMC meeting, due later this Wednesday.
Gold impact rationale
Rising geopolitical risk strengthens gold's defensive appeal.
- Source: FXStreet news
- 2026-07-29
- geopolitics
- price_action
Topics: gold news, gold price impact, geopolitics, price_action