{
  "id": 3102061,
  "title": "Forex Today: US Dollar firms on safe-haven demand ahead of data-heavy Tuesday",
  "url": "https://urgent.news/2026/08/24/forex-today-us-dollar-firms-on-safe-haven-demand-ahead-of-data-heavy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T20:13:42.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/forex-today-us-dollar-firms-on-safe-haven-demand-ahead-of-data-heavy-tuesday-202608242013"
  },
  "original_language": "en",
  "account": "The US Dollar (USD) index returned to the 99.00 mark for the first time since a previous decline, driven by heightened demand for safe-haven assets following the U.S. Treasury Secretary Scott Bessent's announcement of intensified Iran sanctions. This risk-averse posture boosted gold prices and pressured growth-oriented currencies, while leaving crude oil less affected. Looking ahead, traders will focus on a busy Tuesday, featuring Germany's IFO business surveys and a slew of U.S. economic releases. The USD/Canadian Dollar pair led the gains, while EUR/USD slipped below the 1.1700 level, and GBP/USD struggled around 1.3630, with no UK data to support the British Pound. USD/JPY remained steady above 159.00, as the Japanese Yen weakened against a stronger U.S. Dollar. Meanwhile, AUD/USD lagged, falling towards 0.7150 amid risk aversion and a firmer Dollar. Gold surged to just under $4,650 per troy ounce, propelled by the Iran headlines and heightened demand for safe-haven assets. West Texas Intermediate (WTI) Oil retreated towards the $85.00 range despite the tension escalation. The U.S. is set to release key economic data, including the ADP four-week average employment figure, house-price data, the Conference Board's Consumer Confidence, New Home Sales, and the Richmond Fed Manufacturing Index, alongside a 2-Year Note auction and the API weekly crude stock report. Later in the week, Australia's monthly CPI is anticipated to soften to 3.2% from 3.8%, followed by trimmed-mean measure and second-quarter construction data, shaping the Australian Dollar's trajectory into the following week.",
  "summary": "The US Dollar Index (DXY) reclaimed the 99.00 mark for the first time since last Wednesday's plunge.",
  "key_points": [
    "US Dollar reaches 99.00 mark amid Iran sanctions and safe-haven demand",
    "USD/Canadian Dollar gains, EUR/USD slips below 1.1700 level",
    "U.S. to release ADP employment, house-price data, and other economic indicators Tuesday"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Japanese Yen lower as US Dollar firms on heavier Iran sanctions",
        "url": "https://urgent.news/2026/08/24/japanese-yen-lower-as-us-dollar-firms-on-heavier-iran-sanctions",
        "published": "2026-08-24T21:15:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}