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US Dollar Index holding steady after Fed holds rates, but Powell still looms
The US Dollar Index (DXY) is trading mostly in place on Wednesday, cycling quickly in place after the Federal Reserve (Fed) delivered a widely-anticipated interest rate hold.
US Dollar Index
Fxstreet
Wed, Mar 18
US Dollar Index holds near 100.00 as hot PPI and Fed decision dominate
DXY edged up about 0.3% on Wednesday, trading around 99.85 in a session dominated by the hotter-than-expected Producer Price Index (PPI) print ahead of Wednesday's Federal Reserve (Fed) decision.
US Dollar Index
Fxstreet
Wed, Mar 18
Dow Jones Industrial Average drops as hot PPI data fuels stagflation fears
The Dow Jones Industrial Average fell nearly 1% on Wednesday, shedding over 450 points as a hotter-than-expected Producer Price Index (PPI) print landed on the same day as the Federal Open Market Committee (FOMC) rate decision.
US30
Fxstreet
Wed, Mar 18
USD: Fed signal watched as inflation shock looms – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Federal Reserve is widely expected to keep the funds rate at 3.50%-3.75%, with markets focused on the vote split, dot plot and Chair Powell’s tone.
US Dollar Index
Fxstreet
Wed, Mar 18
USD: Safe haven flows hold into FOMC – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes the Dollar is entering the FOMC decision on solid footing, with earlier February Dollar hedging sales now fully reversed.
US Dollar Index
Fxstreet
Wed, Mar 18
USD: Hawkish Fed risk supports Dollar – Societe Generale
Societe Generale argues that a mildly restrictive Federal Reserve stance and potential hawkish adjustments to the SEP could support the Dollar against G10 and EM currencies.
US Dollar Index
Fxstreet
Wed, Mar 18
USD: Fed Dot Plot risks support – ING
ING strategist Francesco Pesole argues that a hawkish revision of the Federal Reserve Dot Plot could support the Dollar, with markets already pricing limited cuts.
US Dollar Index
Fxstreet
Wed, Mar 18
USD: Fed focus and broad weakness – UOB
UOB analysts note the broad Dollar index DXY fell for a second day to 99.57 as traders positioned ahead of the Fed decision and reacted to geopolitical tensions around Iran.
US Dollar Index
Fxstreet
Wed, Mar 18
US Dollar Index flat lines above 99.50 as traders brace for Fed rate decision
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.60 during the Asian trading hours on Wednesday.
US Dollar Index
Fxstreet
Wed, Mar 18
Forex Today: US Dollar extends losses ahead of Fed decision as Middle East tensions escalate
The US Dollar (USD) lost its firmness and is now on a two-day losing spree. The Greenback initially fell because investors were cautious over the Middle East war and Wednesday's Federal Reserve (Fed) monetary policy decision.
US Dollar Index
Gold
EUR/USD
Fxstreet
Tue, Mar 17
US Dollar Index fades as markets hold breath ahead of FOMC
The US Dollar Index (DXY) eased around 0.2% on Tuesday, slipping back toward the 99.50–99.60 area after a failed attempt to recapture the psychologically significant 100.00 handle.
US Dollar Index
Fxstreet
Tue, Mar 17
Dow Jones Industrial Average sees hesitating gains as Fed rate call looms
US stocks posted a second consecutive session of gains on Tuesday, with the Dow Jones Industrial Average (DJIA) adding around 0.3% to hold in the 47,000 region. The S&P 500 rose approximately 0.3%, and the Nasdaq Composite gained a similar amount.
US30
Fxstreet
Tue, Mar 17
USD: War-driven support and Asia FX risks – Deutsche Bank
Deutsche Bank’s Global Head of FX Research George Saravelos notes that the Iran war has made markets highly correlated to energy, with higher Oil prices and weaker global growth now supporting the Dollar. Asia FX is seen as central to broad Dollar direction and is being hit hardest.
US Dollar Index
Fxstreet
Tue, Mar 17
USD: Fed hike odds questioned as markets stabilise – TD Securities
TD Securities analysts note that US rates rallied as markets stabilised, with attention on Fed policy expectations and geopolitical headlines. While hike odds have risen, they pushes back, arguing the hawkish outcome is more likely a prolonged pause.
US Dollar Index
Fxstreet
Tue, Mar 17
Dow Jones futures fall due to rising oil prices
Dow Jones futures decline 0.27% to trade near 46,850 during European hours ahead of the US regular market open on Tuesday. S&P 500 and Nasdaq 100 futures fall 0.50% and 0.58% to trade near 6,670 and 24,530 at the time of writing.
US30
NAS100
SPX500
Fxstreet
Tue, Mar 17
US Dollar Index (DXY) Price Forecast: Strengthens to 100.00; targets YTD peak ahead of Fed
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some dip-buyers following the previous day's pullback from its highest level since May 2025.
US Dollar Index
Fxstreet
Tue, Mar 17
US Dollar Index holds correction near 100.00 in countdown to Fed policy
The US Dollar (USD) holds its Monday’s corrective move, which was driven by a significant retracement in the oil price that eased de-anchored consumer inflation concerns.
US Dollar Index
Brent
Fxstreet
Tue, Mar 17
US President Trump: Iran has very few shots left
United States (US) President Donald Trump said he encourages other countries to come and help the US, claiming that numerous countries told him they’re on their way when discussing the Strait of Hormuz ahead of a lunch at the Kennedy Center on Monday.
US Dollar Index
Fxstreet
Mon, Mar 16
Dow Jones Industrial Average rebounds as Crude Oil prices retreat
The Dow Jones Industrial Average (DJIA) climbed around 1.2% on Monday, reclaiming ground above 47,000 after Friday's subdued close near 46,500. The S&P 500 rose over 1%, recovering back toward the 6,700 level, while the Nasdaq Composite gained more than 1.2%, closing near 22,400.
US30
Fxstreet
Mon, Mar 16
USD: Correlations shift with Oil and equities – BNY
BNY’s Head of Markets Macro Strategy Bob Savage underlines a notable break in traditional correlations between the Dollar, Oil and equities as investors navigate the Iran conflict and central bank meetings.
US Dollar Index
Brent
Fxstreet
Mon, Mar 16
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