The dollar index moved back to 100 after reaching 100.2 early in the session, as traders assess the latest developments in the Middle East. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz offered some relief. However, volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs. Oil prices surged following Trump’s pledge to take more aggressive action against Iran. High energy prices are fuelling worries about an inflation spiral which could prompt the Fed to adopt a more hawkish stance. Earlier this week, Fed Chair Powell said officials may need to respond to the economic effects of the conflict, though not at this stage, adding that current policy is well positioned to allow a wait-and-see approach. Markets currently expect the Fed to keep the federal funds rate unchanged this year.
The DXY exchange rate was unchanged at 100.0114 on April 3, 2026. Over the past month, the United States Dollar has strengthened 1.26%, but it's down by 2.92% 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 3 of 2026.
The DXY exchange rate was unchanged at 100.0114 on April 3, 2026. Over the past month, the United States Dollar has strengthened 1.26%, but it's down by 2.92% 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.