{
  "id": 7504521,
  "title": "US Dollar Index Price Forecast: DXY eyes 99.80 confluence hurdle as focus remains on Fed",
  "url": "https://urgent.news/2026/09/15/us-dollar-index-price-forecast-dxy-eyes-99-80-confluence-hurdle-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T07:27:05.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-index-price-forecast-dxy-eyes-9980-confluence-hurdle-as-focus-remains-on-fed-202609150727"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY) remained on a positive trend for the fourth consecutive day on Tuesday, inching closer to a nearly two-week high. Trading around the 99.65 region during the early European session, the index experienced an increase of over 0.15% for the day. Investors closely monitor the upcoming Federal Open Market Committee (FOMC) policy meeting, scheduled to begin later that day, as they anticipate a possible rate hike by the US Federal Reserve (Fed). In addition to the Fed's potential rate increase, oil-driven inflation concerns and geopolitical tensions between the US and Iran further bolster the safe-haven appeal of the US Dollar (USD). Danske Bank analysts project that US yields will continue to rise, with the 10-year yield trading above the 5% threshold, signaling a more hawkish stance from the Fed. On the technical side, the DXY is approaching the 99.80 confluence, which includes the 38.2% Fibonacci retracement level of the July-August decline and the 100-day Simple Moving Average (SMA). A decisive move above this level could open the door for further gains, potentially pushing the index to the 50.0% Fibonacci level near 100.14 and the 61.8% retracement at 100.50. Conversely, any support could be found at the 23.6% Fibonacci retracement near 99.33, with a deeper floor near 98.60.",
  "summary": "The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, maintains a positive bias for the fourth straight day on Tuesday and climbs back closer to a nearly two-week high, which it touched the previous day.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "EUR/JPY Price Forecast: Hovers around 178.50 within oversold territory",
        "url": "https://urgent.news/2026/09/15/eur-jpy-price-forecast-hovers-around-178-50-within-oversold-territory",
        "published": "2026-09-15T03:31:34.000Z"
      }
    ]
  },
  "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."
}