# Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension | MarketScreener

> The dollar was on track for its biggest monthly gain in nearly a year as US-Iran tensions in the Gulf and Strait of Hormuz shipping disruptions supported safe-haven demand. Investors also awaited US jobs data that could shape the Fed's rate path.

- Date: 2026-06-29 · published 2026-06-29T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19011-dollar-poised-for-best-month-in-nearly-a-year-eyes-on-jobs-data-gulf-tension
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Dollar strength driven by Gulf tensions and higher oil costs raises energy and fertilizer costs while weighing on dollar-denominated grain prices, a combined pressure for feed buyers.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-28 | [Dollar poised for biggest weekly rise in 7 months on rate bets](https://feedsoft.ai/events/12224-dollar-poised-for-biggest-weekly-rise-in-7-months-on-rate-bets.md) | -0.9% | -0.6% |
| DXY | 2023-09-29 | [Dollar on track for best quarter in a year](https://feedsoft.ai/events/34305-dollar-on-track-for-best-quarter-in-a-year.md) | +1.1% | +0.9% |
| DXY | 2025-07-31 | [Yen rises after BOJ decision; dollar eyes first monthly gain this year — TradingView News](https://feedsoft.ai/events/24004-yen-rises-after-boj-decision-dollar-eyes-first-monthly-gain-this-year.md) | -0.7% | -0.6% |
| DXY | 2026-06-18 | [Pound slides to two-month low as dollar jumps and BoE holds rates \| MarketScreener](https://feedsoft.ai/events/19059-pound-slides-to-two-month-low-as-dollar-jumps-and-boe-holds-rates-marketscreener.md) | +1.4% | +1.0% |
| DXY | 2024-12-13 | [Dollar set for best week in a month on cautious Fed outlook for 2025](https://feedsoft.ai/events/27205-dollar-set-for-best-week-in-a-month-on-cautious-fed-outlook-for-2025.md) | +1.3% | +2.4% |
| WTI | 2026-09-15 | [Dollar inches higher as 10-year Treasury yield climbs to highest since 2007 \| MarketScreener UK](https://feedsoft.ai/events/17645-dollar-inches-higher-as-10-year-treasury-yield-climbs-to-highest-since-2007.md) | -5.4% | -7.4% |
| WTI | 2021-10-29 | [C$ falls on GDP miss; posts biggest monthly gain in nearly a year \| Financial Post](https://feedsoft.ai/events/44811-c-falls-on-gdp-miss-posts-biggest-monthly-gain-in-nearly-a-year-financial-post.md) | -4.8% | -9.7% |
| WTI | 2018-05-07 | [Dollar marches to 4-month high as oil rally points to higher inflation - MarketWatch](https://feedsoft.ai/events/65209-dollar-marches-to-4-month-high-as-oil-rally-points-to-higher-inflation.md) | +1.4% | -7.1% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/dollar-poised-for-best-month-in-nearly-a-year-eyes-on-jobs-data-gulf-tension-ce7f5fdedb8bf723

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.