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Experts agree: Further US Dollarās upside hinges on upcoming data and not hawkish Fed prospects
The US Dollar (USD) trades slightly higher on Monday as traders remain confident that the Federal Reserve (Fed) will hike interest rates again this year. At press time, the US Dollar Index (DXY), which tracks the Greenbackās value against six major currencies, trades 0.1% higher to near 100.30.
US Dollar: Post-FOMC gains face higher hurdle ā OCBC
OCBCās Christopher Wong notes that the US Dollar Index (DXY) has held a firmer tone after the FOMCās 25 bp hike and a higher rate path, supported by elevated US Treasury yields.
Euro: Downside risks persist despite ECB hike call ā ING
INGās Francesco Pesole explains that despite political noise in Germany and an additional ECB hike now expected in December, ING keeps its EUR/USD profile unchanged with a 1.160 year-end target.
US Dollar: Gradual upside after hawkish Fed hike ā HSBC
HSBCās FX Viewpoint notes that the Federal Reserveās unanimous 25bp hike and hawkish guidance have reinforced support for the Dollar. The bank highlights that the dots imply at least one more hike in 2026 and potential tightening in 2027, while still below market pricing.
Euro: Dollar strength seen sustainable ā Commerzbank
Commerzbankās Thu Lan Nguyen notes that EUR/USD has stabilized just below 1.15 after a hawkish Federal Reserve (Fed) meeting, indicating a possible floor.
US Dollar Index: Trades firmly near 100.35 ahead of Fed speeches
The US Dollar (USD) reflects strength at the start of the week on prospects of further Federal Reserve (Fed) monetary tightening this year. At press time, the US Dollar Index (DXY), which gauges the Greenbackās value against six major currencies, is up 0.15% to near 100.37.
United States Dollar Index holds firm on hawkish Fed outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 100.30 during Asian hours on Monday.
Fedās Kashkari: Inflation is still too high in āall aspectsā of US economy
Minneapolis Federal Reserve (Fed) President Neel Kashkari said that inflation is too high across all sectors āof the US economy, not just in rising oil prices, Reuters reported on Sunday.
Taiwan Dollar: Mildly hawkish CBC but flows drive ā OCBC
OCBC strategist Christopher Wong highlights that Taiwanās CBC kept its policy rate at 2% for a tenth straight quarter with a mildly hawkish tone, sharply raising 2026 growth and inflation forecasts while flagging sticky services inflation.
Swiss Franc gains against US Dollar, but Fed-SNB divergence weighs
USD/CHF turns lower on Friday as the US Dollar (USD) loses momentum heading into the weekend, with traders booking profits after a strong weekly advance driven by the Federal Reserveās (Fed) hawkish interest-rate hike.
Dollar Index nudges to a fresh high and slips back as Japan raises rates
The Bank of Japan (BoJ) raised its rate to 1.25% on Friday and the Yen weakened anyway. The Dollar Index ran to its highest level since late July on that and has given the move back, trading just above 100.30.
Dow Jones Industrial Average gives back its bounce as factory output stalls
The Dow Jones Industrial Average trades near 51,500, back at the level where Wednesday's selling stopped, which means Thursday's rebound is gone. The selling ran one way down from the session high, and every level that looked like a floor turned into a step.
US Dollar Index Price Forecast: Technical setup favours further gains above 100
The US Dollar Index (DXY) climbs to a fresh seven-week high on Friday, supported by the Federal Reserveās (Fed) hawkish interest rate hike on Wednesday. At the time of writing, the index trades around 100.40 and is on track to register a weekly gain of more than 1%.