World & BusinessUS Dollar Index reportedly hits an eight-week high
A September 23, 2026 post puts the Dollar Index at 100.892, up 2.30% in 13 days. Another warns that a stronger dollar puts downward pressure on stocks, crypto and precious metals.
TLDR
Market posts on September 23, 2026 link dollar strength to expectations of further Federal Reserve rate hikes. The cited probabilities cover different time frames: one post says markets price an 89% chance of at least one more hike in 2026, while another cites a 53% chance of an October hike. The latter says Fed officials signaled more increases may be needed to fight inflation. It also relays ING’s view that both the Fed and European Central Bank could tighten again, with an October move appearing more likely from the Fed.
US Dollar Index reportedly hits an eight-week high
A September 23, 2026 post puts the Dollar Index at 100.892, up 2.30% in 13 days. Another warns that a stronger dollar puts downward pressure on stocks, crypto and precious metals.
