The US Dollar Index held mostly flat near 97.8 on Friday, recovering from an initial dip after the Supreme Court struck down President Trump's reciprocal tariffs. While the ruling initially weighed on the greenback by removing an inflationary tailwind, the dollar found support after Trump countered by vowing to sign an executive order for a new 10% global tariff. This swift pivot back to protectionism offset the downbeat Q4 GDP print of 1.4%, which showed the economic toll of the government shutdown and trade duties. The dollar's downside was limited by sticky December core PCE inflation of 3%, reinforcing expectations that the Fed will maintain a restrictive stance. Despite the legal setback for the White House, the prospect of new broad-based levies and persistent price pressures helped the index maintain its footing. The dollar remains on track for a weekly gain as markets balance the potential for tariff refunds against the administration's commitment to stronger trade barriers.
The DXY exchange rate fell to 97.7969 on February 20, 2026, down 0.13% from the previous session. Over the past month, the United States Dollar has weakened 0.98%, and is down by 8.27% over the last 12 months. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on February 22 of 2026.
The DXY exchange rate fell to 97.7969 on February 20, 2026, down 0.13% from the previous session. Over the past month, the United States Dollar has weakened 0.98%, and is down by 8.27% over the last 12 months. The United States Dollar is expected to trade at 97.56 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 95.59 in 12 months time.