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fxAug 12, 2026, 7:28 PM

US Dollar Firms Ahead of Packed Session

The US dollar extended its recovery on Wednesday after CPI matched forecasts, with DXY back above 100.00.

DXY

The US Dollar Index pushed back above the 100.00 level on Wednesday, extending its recovery. The move followed a Consumer Price Index report that printed in line with expectations.

Strength broadened against most major currencies as markets prepared for a data-heavy session ahead. The dollar's bid was seen across the board.

Traders are watching upcoming releases after the inflation data kept the recovery on track.

Source: FXStreet Forex News