The dollar index edged up to 100.3 on Monday, reaching its highest level in almost three months and extending last week’s gain of nearly 1.1%, as the greenback continued to benefit from a more hawkish stance from the Federal Reserve. The central bank raised the federal funds rate by 25bps last week and is expected to deliver another hike by year-end. Chicago Fed President Goolsbee said he remains open to the possibility that inflation will resume its decline towards the 2% target, but warned that interest rates may need to rise if that fails to materialise. Meanwhile, Minneapolis Fed President Kashkari said yesterday that inflation remains too high across all sectors of the economy, rather than being driven solely by oil prices. Oil prices however, fell for a fourth consecutive session amid hopes that diplomatic efforts could lead to a resolution to the conflict with Iran. The greenback was broadly higher against the yen, euro and pound.
The DXY exchange rate rose to 100.4206 on September 21, 2026, up 0.20% from the previous session. Over the past month, the United States Dollar has strengthened 1.43%, and is up by 3.16% 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 September 21 of 2026.
The DXY exchange rate rose to 100.4206 on September 21, 2026, up 0.20% from the previous session. Over the past month, the United States Dollar has strengthened 1.43%, and is up by 3.16% over the last 12 months. The United States Dollar is expected to trade at 100.17 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 98.51 in 12 months time.