The dollar index held steady near 100 on Friday and is on track to post a weekly gain of around 0.3%, as persistent concerns over the war with Iran, rising oil prices, and their implications for inflation and growth continue to support the currency. Oil is trading close to its 2022 highs, with markets bracing for the conflict to extend into April as attacks persist across the Middle East. This comes despite US President Trump’s announcement of a 10-day pause on attacks targeting Iran’s energy infrastructure, through April 6, aimed at allowing more time for negotiations. However, some investors fear this window could also be used by the US to build up additional forces in the region. Meanwhile, traders have scaled back expectations for Fed rate cuts this year, although the central bank still sees one 25bps cut in 2026. The greenback strengthened mostly against the British pound and the Swiss franc but was little changed against the euro, the yen and the Australian dollar.
The DXY exchange rate rose to 100.2105 on March 27, 2026, up 0.31% from the previous session. Over the past month, the United States Dollar has strengthened 1.86%, but it's down by 3.68% 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 March 28 of 2026.
The DXY exchange rate rose to 100.2105 on March 27, 2026, up 0.31% from the previous session. Over the past month, the United States Dollar has strengthened 1.86%, but it's down by 3.68% over the last 12 months. The United States Dollar is expected to trade at 99.67 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 97.49 in 12 months time.