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U.S. Dollar Weakens to 100.96 Amid Falling Oil Prices and Fed Policy Divisions, July 9

Forex Commodities

2026-07-09 21:49:22

On Thursday (July 9), the U.S. dollar index fell to 100.96, driven by declining oil prices and Federal Reserve meeting minutes that revealed significant policy divisions among officials. The June 16-17 FOMC minutes released Wednesday showed that while the Fed kept rates unchanged, policymakers disagreed on future rate direction. Most officials believe inflation can return to the Fed's 2% target without further rate hikes, while others worry that strong AI-driven demand, Middle East conflicts, and tariff policies may keep inflation elevated, leaving rate increase options open.

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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GateUser-ad0abe79

· 50m ago

HODL Tight 💪

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GateUser-ad0abe79

· 51m ago

1000x Vibes 🤑

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