{
  "id": 7234593,
  "title": "United States Dollar Index rises to near 99.50 as Fed rate hike bets increase",
  "url": "https://urgent.news/2026/09/14/united-states-dollar-index-rises-to-near-99-50-as-fed-rate-hike-bets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T03:09:51.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-dollar-index-rises-to-near-9950-as-fed-rate-hike-bets-increase-202609140309"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY) climbed closer to 99.50 on Monday as forecasts of a Federal Reserve rate hike this week strengthened. Financial markets now envision an 87% chance of a quarter-point rate increase at the Federal Reserve's September meeting, up from 59% a week ago, as indicated by the CME FedWatch tool. The US Consumer Price Index (CPI) surged 0.4% month-over-month in August, with a 12-month rise of 3.4%, validating expectations of an interest rate hike from the US central bank next week. The core CPI, excluding food and energy prices, expanded by 0.3% monthly, surpassing the expected 0.2%. The Dollar Index, which gauges the USD's value against six major currencies, is currently at 99.30, maintaining a negative short-term outlook as it trades beneath both the 50-day Exponential Moving Average and the nine-day EMA. Traders should watch the 50-day EMA at 99.63 for potential bullish signals, while a daily close below the nine-day EMA at 99.12 could reinforce the bearish trend.",
  "summary": "The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the third consecutive day and trading around 99.30 during Asian hours on Monday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "ABC News AU",
        "title": "Live: Wall Street rises despite hot inflation likely to trigger a Fed rate hike this week",
        "url": "https://urgent.news/2026/09/13/live-wall-street-rises-despite-hot-inflation-likely-to-trigger-a-fed",
        "published": "2026-09-13T20:59:12.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar declines to near 0.7150 as hot US inflation data boost case for Fed rate hike",
        "url": "https://urgent.news/2026/09/13/australian-dollar-declines-to-near-0-7150-as-hot-us-inflation-data",
        "published": "2026-09-13T23:39:47.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "After oil surge, Fed rate hike will shape challenge",
        "url": "https://urgent.news/2026/09/14/after-oil-surge-fed-rate-hike-will-shape-challenge",
        "published": "2026-09-14T00:35:44.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Gold slips as hotter US inflation lifts Fed hike bets, oil stokes price pressures",
        "url": "https://urgent.news/2026/09/14/gold-slips-as-hotter-us-inflation-lifts-fed-hike-bets-oil-stokes",
        "published": "2026-09-14T01:38:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold slips as oil rally fans rate hike bets ahead of Fed meeting",
        "url": "https://urgent.news/2026/09/14/gold-slips-as-oil-rally-fans-rate-hike-bets-ahead-of-fed-meeting",
        "published": "2026-09-14T05:51:43.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold slips as oil rally fans rate hike bets ahead of Fed meeting",
        "url": "https://urgent.news/2026/09/14/gold-slips-as-oil-rally-fans-rate-hike-bets-ahead-of-fed-meeting-7261455",
        "published": "2026-09-14T06:52:34.000Z"
      }
    ]
  },
  "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."
}