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U.S. Dollar Index Rises to 100.748 as Tech Selloff Fuels Safe-Haven Demand

2026-07-16 22:30:01

According to Yonhap Infomax, on July 16, the U.S. dollar index rose 0.232% to 100.748, driven by U.S.-Iran tensions and broad-based technology stock selloffs that bolstered demand for safe-haven assets. The tech-heavy Nasdaq Composite fell 1.47%, while the Philadelphia Semiconductor Index plummeted 4.29%. The dollar-yen rate climbed 0.107% to 162.404 yen, though sterling weakened against the dollar following dovish comments from Bank of England officials.

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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In-Depth Analysis

US Stocks Fall as Semiconductor Sector Plunges 4.29% on TSMC Margin Concerns

Lucas Bennett2h ago

US Stocks Rise as Semiconductor Sector Falls 2.08% on July 15

Lucas Bennett07-15 23:27

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