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fxJun 26, 2026, 5:19 PM

US Dollar Index Reaches 102.00 Barrier on Fed Rethink

The US Dollar climbed to near 102.00, levels not seen since early May 2025, as markets reassess Federal Reserve policy expectations.

DXY

The US Dollar Index rallied to the 102.00 mark for the first time since early May 2025. The move comes as traders adjust their outlook on the Federal Reserve's monetary policy path.

According to weekly forecasts, the dollar appears to have found a 'second wind' amid a reassessment of interest rate expectations. The Greenback's strength suggests shifting market sentiment toward a more hawkish Fed stance.

Source: FXStreet Forex News