The US Dollar Index hit 102.75, marking its highest level in 18 months and its most potent point since May 2025. The Bloomberg Dollar Spot Index also climbed to its strongest level since November, following a separate peak on Oct 12 that saw the currency reach its highest point since April 2025.
Tuesday, October 20, 2026
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US Dollar Index Hits 18 Month High of 102.75
US Markets7 days ago
The greenback jumped 0.57% on Oct 14 after consumer price inflation data exceeded market projections. This movement led investors to anticipate a more hawkish stance from the Federal Reserve and increased expectations for further interest rate hikes to combat inflation.
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