The US Dollar Index rises to a nearly eight-week high as the market bets on further rate hikes by the Federal Reserve.
智通财经2026/09/23 07:16Show original
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The US Dollar Index has risen to a near eight-week high, driven by market expectations that the Federal Reserve may further raise interest rates. According to LSEG data, the market sees a 53% probability of another rate hike by the Federal Reserve in October, and anticipates a cumulative rate increase of 78 basis points by September 2027. These expectations have outweighed the impact of the recent decline in oil prices, which was due to hopes for easing tensions in the Middle East.
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