The U.S. dollar gained during the U.S. session, trading higher against all major currencies.
Key moves
- USD up vs. euro +0.78%, yen +0.50%, pound +0.48%, CHF +0.55%, CAD +0.20%, AUD +0.08%, NZD +0.29%.
- U.S. Treasury yields edged higher: 2‑yr 3.725% (+3.8 bps), 5‑yr 3.785% (+2.8 bps), 10‑yr 4.277% (+1.9 bps), 30‑yr +0.8 bps.
- New home sales for July 2025: 0.652 M, beating the 0.630 M estimate, but down 0.6% month‑on‑month.
- Major indices closed lower: Dow –349.27 pts (–0.77%) at 45,282.47; S&P 500 –27.59 pts (–0.43%) at 6,439.32; Nasdaq –47.24 pts (–0.22%) at 21,449.2; Russell 2000 –22.75 pts (–0.96%) at 2,339.1734.
- Currency technicals: EURUSD broke below 1.1640 and key moving averages; GBPUSD fell below 1.3464; USDJPY moved above 147.49; USD/CAD near 1.3860 support.
Summary
The dollar’s steady rise, coupled with modest yield gains and a softer U.S. housing market, set a backdrop for a session where equities edged lower, reflecting lingering concerns over economic data and fiscal policy.
(Source)
