The dollar index strengthened slightly to 100.6 on Tuesday, hovering near its highest level since late July, as it continued to benefit from a more hawkish stance from the Federal Reserve, reinforcing expectations for further interest rate hikes this year. On Monday, Chicago Fed President Goolsbee said the central bank cannot overlook repeated and persistent supply shocks, while St. Louis Fed President Musalem said additional rate increases may be necessary to bring inflation back toward the Fed’s target. Last week, the Fed raised interest rates for the first time in three years and signaled further tightening later this year to curb inflation. Meanwhile, oil prices continued to fall, though they remained off their session lows, as traders continued to assess diplomatic efforts to end the conflict in the Middle East. Traders also remained alert to the possibility of currency intervention to support the yen.
The DXY exchange rate rose to 100.6764 on September 22, 2026, up 0.25% from the previous session. Over the past month, the United States Dollar has strengthened 1.69%, and is up by 3.51% 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 22 of 2026.
The DXY exchange rate rose to 100.6764 on September 22, 2026, up 0.25% from the previous session. Over the past month, the United States Dollar has strengthened 1.69%, and is up by 3.51% 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.