{
  "id": 10627701,
  "title": "US Dollar Index Price Forecast: Likely revisit yearly high at around 101.80",
  "url": "https://urgent.news/2026/09/29/us-dollar-index-price-forecast-likely-revisit-yearly-high-at-around",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T06:42:46.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-index-price-forecast-likely-revisit-yearly-high-at-around-10180-202609290642"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY) is projected to potentially re-claim its yearly peak near 101.80, as the US Dollar (USD) continues to outperform its counterparts amid strong expectations of further interest rate hikes from the Federal Reserve (Fed). Currently, the DXY sits at 101.25, a 0.1% increase, and is nearing its two-month peak of 101.40. The table provided compares the percentage change of the USD against the major currencies, highlighting that the USD was the strongest against the Australian Dollar. Technical analysis indicates that the DXY is in a bullish near-term trend, trading above the 20-day Exponential Moving Average (EMA) at 100.30. However, the Relative Strength Index (RSI) at 70.14 suggests overbought conditions, which may limit immediate upside and lead to consolidation or a brief correction. The Fed is expected to raise rates at least twice more this year, with a 70% chance of a hike during the October meeting. If inflation continues to remain above target and risks grow, economists believe the Fed will not wait until December to implement further hikes. The labor market has shown stabilization, with some strengthening signs, and robust activity data. Investors are eagerly awaiting the US JOLTS Job Openings data for August, which is anticipated to reveal 7.23 million new jobs, slightly lower than the 7.271 million reported in July. The key resistance level for the DXY remains at the yearly high of 101.80, a significant hurdle for the USD.",
  "summary": "The US Dollar (USD) outperforms its peers amid firm expectations that the Federal Reserve (Fed) will deliver more interest rate hikes this year. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.1% higher to near 101.25.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD holds onto losses below $61 ahead of US Job Openings data",
        "url": "https://urgent.news/2026/09/29/silver-price-forecast-xag-usd-holds-onto-losses-below-61-ahead-of-us",
        "published": "2026-09-29T03:18:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}