US Dollar Extends Rally Above 100.00 After Hawkish Fed Update

The US Dollar continued its recent advance, with the DXY index pushing back above the 100.00 level. The move was triggered by a hawkish tone from the Federal Reserve under its new Chair, Kevin, whose policy update reinforced expectations for tighter monetary conditions.

Market participants are now weighing whether the dollar can extend this rally. The Fed’s stance suggests a continued bias toward higher interest rates, which typically supports the greenback. However, external factors such as global growth risks and competing central bank policies could cap further upside.

Traders will watch upcoming US economic data and Fed commentary for near-term direction. The break above 100.00 is a psychological milestone, but sustained momentum will depend on further confirmation from the central bank’s actual policy path.