The dollar index (DXY) was near 101.74 and traded cautiously on Tuesday amid US-Iran tensions and the US midterm elections, a day after hitting a one-month low. Lower energy prices eased inflation worries and pushed the 10-year US Treasury yield below 4.88%, its lowest since September 10, which reduced the appeal of holding dollar assets. In Europe, Fitch kept France's A+ rating but revised its outlook to negative from stable, forecasting a deficit of 5.5% of GDP in 2027, above the government's 5% target, and debt rising to about 124% of GDP by 2028 from 115.7% in 2025. Finance Minister Roland Lescure said the decision confirms the need for a responsible budget to be adopted by year-end. In the UK, economists polled by Reuters expect the Bank of England to raise rates to 4% from 3.75% on Thursday, its first hike since August 2023.
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Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/02/2026 | 101.80 |
| Change that session | -0.16% |
EUR/USD
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/02/2026 | 1.11875 |
| Change that session | +0.25% |
GBP/USD
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/02/2026 | 1.34072 |
| Change that session | +0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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