The Dollar Drifts Lower 📈 The Daily Chart Report
Powered By:
Today’s Summary
Monday, January 26, 2026
Indices: Dow +0.64% | S&P 500 +0.50% | Nasdaq +0.43% | Russell 2000 -0.36%
Sectors: 8 of the 11 sectors closed higher. Utilities led, gaining +0.73%. Consumer Discretionary lagged, dropping -0.67%.
Commodities: Crude Oil fell -0.43% to $60.81 per barrel. Gold rose +0.55% to a new all-time high of $5,007 per oz.
Currencies: The US Dollar Index fell -0.39% to $97.07.
Crypto: Bitcoin is currently up +1.65% at $87,992. Ethereum is up +3.89% at $2,924.
Volatility: The Volatility Index rose +0.37% to 16.14.
Interest Rates: The US 10-year Treasury yield fell to 4.213%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
🏆 Today's Chart of the Day was shared by Jason Perz (@JasonP138).
- The U.S. Dollar Index ($DXY) made new four-month lows today and just logged its worst three-day decline since April of last year.
- $DXY has struggled to reclaim support near $100, and a weekly close below $96 would open the door for further downside.
- A weaker dollar tends to act as a tailwind for commodities and international equities, and with both already outperforming the S&P 500 this year, a breakdown in $DXY likely adds fuel to the fire.
The Takeaway: The U.S. Dollar Index appears poised for its next leg lower, which would further support commodities and international equities.
Quote of the Day
“Currencies move not because
they are cheap or expensive, but
because capital flows demand it."
- George Soros
Top Links
What Soaring Precious Metals Say About Inflation — And What They Don’t - StockCharts.com
Mike Zaccardi examines what the surge in precious metals signals about inflation.
Silver Skyrockets 13%! (Commodities Breakout Is Finally Here) - Trading Trends
John Salama highlights Silver’s volatile day and the broader commodities breakout.
Window of Opportunity in Global Equities Is Now Open - Alfonso’s Daily Note
Alfonso De Pablos makes the case for potential outperformance in global equities.
Tentarelli: Silver & Gold Rally to Continue, Watch Mag 7 Earnings & Storage Chips - Schwab Network
Larry Tentarelli shares his thoughts on the metals rally and key earnings to watch.