Dollar Rises to 1-Month High; Weak Risk Sentiment Could Keep It Lifted -- Market Talk
Dow Jones2026/07/28 10:191019 GMT - The dollar rises to a one-month high against a basket of currencies and could remain in demand as a safe haven, XM analyst Achilleas Georgolopoulos says in a note. Ahead of Wednesday's uncertain Federal Reserve decision and a batch of tech earnings, risky assets are in retreat, he says. AI concerns are playing a key role weighing on sentiment, he says. "Notably, the U.S. data calendar is much richer today, with a strong Conference Board consumer confidence index reading potentially adding to Fed rate hike expectations and further denting risk appetite." The survey is due at 1400 GMT. The DXY dollar index rises to a four-week high of 101.573. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 06:19 ET (10:19 GMT)
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