{
  "id": 717344,
  "title": "United States Dollar Index stalls post-CPI bounce near 100.00 on receding Fed hike bets",
  "url": "https://urgent.news/2026/08/13/united-states-dollar-index-stalls-post-cpi-bounce-near-100-00-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T01:16:11.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-dollar-index-stalls-post-cpi-bounce-near-10000-on-receding-fed-hike-bets-202608130116"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY), which measures the Greenback's strength against a basket of currencies, has been struggling to surpass the 100.00 level since mid-July. This range-bound behavior indicates that traders are awaiting further economic data before taking a definitive stance on the currency's direction. On Wednesday, the US Consumer Price Index (CPI) reported a slowdown in price growth, which reinforced the likelihood of a less aggressive interest rate hike by the Federal Reserve (Fed). This development has dampened expectations for an imminent rate increase, thus acting as a negative factor for the DXY. However, traders must remain vigilant as geopolitical tensions, particularly the ongoing US-Iran standoff, continue to influence market sentiment and pose risks to inflation expectations. The upcoming release of the US Producer Price Index (PPI) on Thursday will provide additional insights into inflationary pressures, while comments from key Federal Open Market Committee (FOMC) members will further shape expectations surrounding the Fed's policy trajectory. With the technical analysis suggesting a slightly bullish bias, the DXY remains above the 50-period Simple Moving Average (SMA) at 99.82. For the currency to sustain a bullish trend, it must break above the 100.00 mark, which would signal further upside potential. Conversely, if the DXY fails to hold above this psychological barrier, traders may start taking profits, potentially leading to a reversal in sentiment.",
  "summary": "The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, continues its struggle to build on the momentum beyond the 100.00 psychological mark and edges lower during the Asian session on Thursday.",
  "key_points": [
    "US Dollar Index stalls near 100.00, struggling to break higher",
    "US CPI data shows price growth slowdown, lessening Fed hike expectations",
    "Geopolitical tensions and upcoming PPI release impact market sentiment"
  ],
  "editors_take": "Receding Fed hike bets, fueled by a slowdown in US price growth, are capping the US Dollar Index's upside potential, keeping it range-bound near 100.00.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}