{
  "id": 9488001,
  "title": "United States Dollar Index holds gains slightly above 101 amid strong US growth prospects",
  "url": "https://urgent.news/2026/09/24/united-states-dollar-index-holds-gains-slightly-above-101-amid-strong",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T03:24:01.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-dollar-index-holds-gains-slightly-above-101-amid-strong-us-growth-prospects-202609240324"
  },
  "original_language": "en",
  "account": "The US Dollar (USD) remains resilient on Thursday, holding gains above 101.23 on the US Dollar Index (DXY), a new eight-week high. The index measures the Greenback's value against six major currencies. US Dollar demonstrated the strongest performance against the Australian Dollar this week. The sharp recovery in oil prices and a stronger-than-expected US flash S&P Global Purchasing Managers' Index (PMI) data for September contributed to the Greenback's surge. Oil prices rebounded following Iranian President Masoud Pezeshkian's declaration that Iran would not yield to the US at the United Nations General Assembly. Additionally, the US private sector PMI report revealed robust business activity driven by growth in both manufacturing and services. Strong US economic growth has sparked concerns of persistent inflation risks, bolstering the Federal Reserve's (Fed) narrative of higher-for-longer interest rates. Technical analysis indicates that the Dollar Index Spot is trading at 101.10, surpassing the 20-period exponential moving average at 99.98 and serving as a trend support. However, the Relative Strength Index (14) at 71.01 suggests the upside may be overextended, potentially leading to a corrective pause or consolidation. The downtrend support is positioned around the 20-day EMA at 99.98, where a price pullback may attract buyers. If the price drops below 99.98, it could weaken the current bullish sentiment and hint at a more significant retracement. Conversely, sustained trading above the EMA may allow for further gains once overbought conditions in the Relative Strength Index ease.",
  "summary": "The US Dollar (USD) holds onto Wednesday’s strong gains in the Asian trade on Thursday. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades firmly near a fresh eight week high of 101.23 posted the previous day.",
  "key_points": [],
  "editors_take": null,
  "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."
}