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U.S. Dollar Index Falls 0.34% on Weaker CPI, Recovers as Middle East Tensions Rise

Forex Commodities

2026-07-14 22:23:27

CL0.64%

According to Yonhap Infomax, the U.S. dollar index declined 0.345 points (0.341%) to 100.934 on July 14 afternoon (U.S. Eastern time), after June consumer prices fell 0.4% against expectations of a 0.1% decline. The dollar initially plunged as U.S. 2-year Treasury yields dropped over 10 basis points, but recovered most losses as geopolitical tensions escalated. Iran's Islamic Revolutionary Guard Corps attacked U.S. military bases in Kuwait and Bahrain with missiles and drones, while U.S. Central Command launched additional strikes on Iranian targets in the Persian Gulf. The dollar-yen rate retreated 0.245 yen (0.151%) to 162.208, while WTI crude oil futures rose 1.53% to $79.34 per barrel amid regional uncertainty.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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