The US dollar has historically demonstrated its strongest performance in the final week of September over the past decade. Its current rally suggests this trend will likely persist this year. This indicates potential further appreciation for the dollar against currencies such as the Japanese Yen, Euro, and British Pound.
Read moreSEPTEMBER 23RD, 2026
Dollar's Late September Rally Strongest in a Decade Investors Price 70% Chance of Bank of England November Rate Hike Investors are now pricing in a 70% probability of a Bank of England interest rate hike in November. This represents an increase from the 60% chance priced in on Tuesday. The market's expectation for tighter monetary policy has grown.
Read moreAussie Dollar Drops 1% Against USD, Largest Fall in Three Months The Australian dollar (AUD) dropped 1% against the US dollar (USD), trading at 0.7043. This marks the largest daily decline for the AUD/USD pair in three months, indicating significant downward pressure.
Read moreDollar Index Climbs to Eight-Week High After Fed Rate Hike The DXY dollar index climbed to an eight-week high of 100.967 after the Federal Reserve's recent rate hike. Standard Chartered stated that the rate increase eliminated a barrier to dollar purchasing. Fed Chair Kevin Warsh's positive outlook on the U.S. economy also bolstered U.S. yields and investment flows.
Read moreDollar Surges Toward Best Run Since Start of Iran War The US Dollar is currently experiencing its strongest performance since the start of the Iran war. This surge in dollar strength is impacting major currency pairs, including the Japanese Yen, Euro, and British Pound.
Read moreDollar Gains on Hawkish Fed Outlook The US dollar strengthened against the Japanese Yen, Euro, and British Pound, marking seasonal end-of-September gains. This movement reflects a hawkish stance from the Federal Reserve, indicating market expectations for continued higher interest rates.
Read moreSterling Falls to Lowest Level Since July 1 The British Pound fell as much as 0.5% against the US Dollar, reaching $1.3273. This marks its lowest value since July 1. The decline indicates a bearish sentiment for the currency.
Read moreHawkish Fed Sends Dollar to Two-Month High The dollar held near a two-month high on Wednesday, with the dollar index reaching 100.56. This followed hawkish comments from Federal Reserve officials, which have increased expectations for further rate hikes to combat inflation. Markets are now pricing in a 53% to 54% probability of another Fed rate increase in October.
Read moreHawkish Fed Pushes Dollar Higher Against Major Currencies The US Dollar strengthened against major currencies, including the Japanese Yen, Euro, and British Pound, due to a hawkish stance from the Federal Reserve. This indicates market expectations of higher interest rates in the US. The dollar is holding near its strongest level in two months.
Read moreBofA Global Research Changes BOE Rate Hike Forecast BofA Global Research now projects the Bank of England (BOE) will implement two 25 basis point interest rate hikes, occurring in November 2026 and February 2027. This revised forecast marks a shift from their previous expectation of stable rates until a cut in November 2027.
Read moreDollar Hits 8-Week High as Fed Hike Bets Surge The dollar index (DXY) reached 100.862, an eight-week high, driven by increased market expectations for further Federal Reserve tightening. Traders are now pricing in a 53% probability of a 25 basis point rate hike in October, with a December hike fully anticipated. This dollar strength occurred despite a decline in Brent crude prices.
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