The dollar index was at the 99.8 mark on Tuesday, holding the rebound from the two-month low of 99.5 on Friday amid fresh pressure on the yen, while markets further assessed the Federal Reserve's policy outlook. Markets mounted on short positions on the Japanese currency after the US Treasury completed its joint intervention on the foreign exchange market with Tokyo. Treasury Secretary Bessent had bought yen with euros in the Exchange Stabilization Fund to prevent Japan from selling more US bonds to defend their currency, but mountain fiscal pressures for Japan and the surge in US long yields drove the dollar to rebound against the yen. Meanwhile, Cleveland Fed President Hammack reiterated her view that a Fed hike is appropriate to combat inflation ahead of tomorrow's CPI report. The data is expected to show that core inflation measures should slow for a second month. Still, the elevated levels of wholesale energy commodities challenge the argument for a hold.
The DXY exchange rate was unchanged at 99.8134 on August 11, 2026. Over the past month, the United States Dollar has weakened 1.40%, but it's up by 1.75% 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 August 11 of 2026.
The DXY exchange rate was unchanged at 99.8134 on August 11, 2026. Over the past month, the United States Dollar has weakened 1.40%, but it's up by 1.75% over the last 12 months. The United States Dollar is expected to trade at 99.28 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 97.76 in 12 months time.