The dollar index edged above 100 on Friday after stronger than expected US jobs data reinforced expectations that the Federal Reserve will keep interest rates higher for longer. Nonfarm payrolls increased by 178,000 in March, the strongest gain since late 2024, while the unemployment rate unexpectedly fell to 4.3%, partly reflecting a decline in labor force participation. The data pointed to a stabilizing labor market even as the Iran conflict began. Meanwhile, geopolitical tensions remained in focus as President Donald Trump escalated rhetoric against Iran, threatening strikes on key infrastructure, while reports indicated further attacks across the Gulf region. Rising energy prices are adding to inflation concerns, keeping markets cautious. Trading activity is likely to remain subdued due to the Good Friday holiday, with US equity markets closed and bond trading on a shortened schedule.
The DXY exchange rate rose to 100.2240 on April 3, 2026, up 0.20% from the previous session. Over the past month, the United States Dollar has strengthened 1.47%, but it's down by 2.72% 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 April 4 of 2026.
The DXY exchange rate rose to 100.2240 on April 3, 2026, up 0.20% from the previous session. Over the past month, the United States Dollar has strengthened 1.47%, but it's down by 2.72% over the last 12 months. The United States Dollar is expected to trade at 99.03 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 97.93 in 12 months time.