{
  "id": 11096311,
  "title": "United States Dollar Index approaches yearly high near 101.80, US ISM PMI in focus",
  "url": "https://urgent.news/2026/10/01/united-states-dollar-index-approaches-yearly-high-near-101-80-us-ism",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T03:24:04.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-dollar-index-approaches-yearly-high-near-10180-us-ism-pmi-in-focus-202610010324"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY) approaches a yearly high near 101.80 on Thursday, as the Greenback outperforms its major peers. The DXY, which measures the value of the US Dollar against six significant currencies, rose 0.13% to near 101.60 in the Asian trading session. It is close to its highest point this year, situated at 101.80. The US Dollar showed the strongest performance against the Japanese Yen, indicating a potential shift in market sentiment.\n\nThe hawkish remarks made by Minneapolis Federal Reserve (Fed) Bank President Neel Kashkari at a Council on Foreign Relations event on Wednesday appear to have contributed to the Dollar's rise. Kashkari's speech, which was more hawkish than usual, contained a score of 7.1 according to the FXS Speechtracker, significantly higher than its six-month average of 6.2. This sentiment emphasizes the Fed's concern over inflation nearing 3% and the economy's resilience, suggesting that policy may be less restrictive than initially thought.\n\nThe FXS Fed Sentiment Index dropped by 0.42 points to 143.28 after Kashkari's speech, signaling a slight reduction in perceived hawkishness. However, the index remains well above the 100 neutral line, indicating a hawkish stance from the Fed. As the DXY hovers around the 101.80 mark, traders will be closely monitoring the United States ISM Manufacturing Purchasing Managers' Index (PMI) data for September, released at 14:00 GMT. If the PMI comes in higher than the expected 55.0, this could further bolster the Dollar's strength.",
  "summary": "The US Dollar (USD) outperforms its major currency peers on Thursday. In the Asian session, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.13% higher to near 101.60. The DXY is little far from its yearly high of 101.80.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Canadian Dollar seems vulnerable near two-month low as USD maintains bullish undertone",
        "url": "https://urgent.news/2026/10/01/canadian-dollar-seems-vulnerable-near-two-month-low-as-usd-maintains",
        "published": "2026-10-01T01:28:09.000Z"
      }
    ]
  },
  "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."
}