![Adani Enterprises Records Quarterly Loss Following US Sanctions Settlement Costs</TITLE]Adani GroupThe conglomerate’s premier Mumbai airport initiates international flightsAdani Enterprises’ earnings for the April-June quarter were hit by a one-time charge to settle allegations by the U.S. that the company violated sanctions against Iran. © ReutersMUMBAI — Adani Enterprises reported its second straight quarterly loss on Wednesday. The deficit was driven by a significant one-time charge related to a May settlement regarding a U.S. sanctions investigation, which offset strong revenue growth from the company’s airport and copper smelting divisions.](https://i2.wp.com/images.ft.com/v3/image/raw/https%3A%2F%2Fcms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%2Fimages%2F3%2F4%2F4%2F1%2F12921443-4-eng-GB%2F3a7cb87c16dd-2026-07-29T091655Z_1075190208_RC24ABAZZAE6_RTRMADP_3_ADANI-ENTR-RESULTS.JPG?fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&width=1260&height=630&w=1024&resize=1024,1024&ssl=1 "Adani Enterprises Records Quarterly Loss Following US Sanctions Settlement Costs</TITLE]Adani GroupThe conglomerate’s premier Mumbai airport initiates international flightsAdani Enterprises’ earnings for the April-June quarter were hit by a one-time charge to settle allegations by the U.S. that the company violated sanctions against Iran. © ReutersMUMBAI — Adani Enterprises reported its second straight quarterly loss on Wednesday. The deficit was driven by a significant one-time charge related to a May settlement regarding a U.S. sanctions investigation, which offset strong revenue growth from the company’s airport and copper smelting divisions.")
The United States Dollar Index (DXY), which tracks the greenback against a basket of major currencies, has been consolidating below the 101.50 level during the Asian trading session in anticipation of a two-day Federal Open Market Committee (FOMC) meeting scheduled to conclude later this Wednesday. Despite the consolidation, the index retains a bullish undertone near a more than one-month high reached on Tuesday, positioning it for potential further appreciation amid persistent geopolitical uncertainties.
Iran’s Islamic Revolutionary Guard Corps (IRGC) launched a surprise attack targeting US forces in the Middle East with multiple ballistic missiles late Tuesday. Furthermore, President Donald Trump reiterated that the United States will return to strong military action if diplomatic efforts do not bring a rapid resolution to the crisis. These developments fuel concerns about a fresh escalation of regional tensions, prompting traders to price in a geopolitical risk premium that should serve as a tailwind for the safe-haven US dollar (USD).
Concurrently, the latest developments have triggered a sharp rally in crude oil prices, reviving inflation fears and raising the prospect of an interest rate hike by the US Federal Reserve (Fed). Such inflationary pressures may hold back traders from placing aggressive bearish bets on the DXY, warranting caution before positioning for deeper losses. The upside, however, appears capped as investors opt to wait for the crucial FOMC policy decision scheduled for later today. They will look for fresh cues regarding the Fed’s future policy path, which should provide a renewed impetus to the USD.
Economists at DBS highlight that investors remain “highly cautious about the upcoming FOMC meeting (decision due 30 July 2am, SGT),” noting that the recent “pause in US-Iran hostilities did prompt a correction lower in crude oil prices” but has not materially eased policy concerns. According to DBS, the market is still “assigning 34% odds that the Fed would hike this week and close to 100% odds for the meeting in September,” underscoring persistent expectations that the central bank will resume tightening even as near-term geopolitical risk premia in oil have partially unwound.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD-0.03%0.01%-0.08%-0.06%0.39%0.17%-0.10%EUR0.03%0.05%-0.06%-0.03%0.44%0.19%-0.06%GBP-0.01%-0.05%-0.09%-0.06%0.40%0.15%-0.11%JPY0.08%0.06%0.09%0.03%0.50%0.22%-0.02%CAD0.06%0.03%0.06%-0.03%0.46%0.20%-0.05%EUR0.39%-0.44%-0.40%-0.50%-0.46%-0.24%-0.49%NZD-0.17%-0.19%-0.15%-0.22%-0.20%0.24%-0.25%CHF0.10%0.06%0.11%0.02%0.05%0.49%0.25%
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
