Overview

• The greenback eased slightly against the euro and yen on Tuesday, with the dollar index hovering near 98, as currency moves stayed subdued ahead of key Fed remarks.
• President Donald Trump told Volodymyr Zelenskiy the United States would help guarantee Ukraine’s security in any peace deal with Russia, a pledge that kept geopolitical risk in focus for markets.
• Analysts noted safe‑haven demand for the dollar during periods of geopolitical uncertainty, though thin summer liquidity tempered broader moves.
• Bitcoin and ether extended declines after recent record highs, continuing a multi‑day pullback in digital assets.
• Japanese stocks traded near record levels as local bond yields rose after a government bond auction, even as the yen strengthened modestly against the dollar.