Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
tag
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
IPO
2026 World Cup
Rewards

Dollar Falls Against Oil Surge Amid Iran Tensions; Core U.S. Inflation Softens on July 15

GateNews
ForexCommodities
According to Robin Brooks, a senior fellow at the Brookings Institution and former Goldman Sachs FX strategist, the dollar avoided a steeper decline on July 15 primarily due to geopolitical risks driving oil prices higher. Brooks noted that core U.S. inflation has already retreated to a mild level, as evidenced by an unexpected drop in core consumer price index data released the previous day. However, tensions with Iran and concerns over potential Hormuz Strait closures pushed crude prices up, supporting safe-haven demand for the dollar. Brooks cautioned that this geopolitical support is temporary; once tensions ease, markets will refocus on benign inflation readings and likely abandon expectations for further rate hikes, triggering a significant dollar decline.
View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

5h ago
Fed Official Cook Says Ready to Take Action if Near-Term Inflation Doesn't Cool
19h ago
USD-KRW Rises to 1,493.20 on July 15 as Middle East Tensions Boost Dollar
07-15 04:01
USD Index Falls to 100.80, Down 0.12% Intraday on July 15
07-15 02:30
USD-KRW Falls to 1,489.10 on July 15 as U.S. CPI Misses Forecast, Weakens Dollar
07-14 22:23
U.S. Dollar Index Falls 0.34% on Weaker CPI, Recovers as Middle East Tensions Rise
In-Depth Analysis

USD-KRW Holds 1,480 Won Range as US June PPI Falls Below Forecasts

Lucas Bennett5h ago

Dollar Falls Second Day as US PPI Misses, Pound Surges on UK News

Lucas Bennett6h ago

Hormuz Strait crisis escalates: oil prices break $85—how far is global crude from $100?

Gate Instant Trends22h ago
Comment
0/400
No comments