U.S. Dollar Index Could Grind Its Way to Year-to-Date Highs -- Market Talk
Dow Jones2026/09/28 05:180518 GMT - The U.S. dollar was a little higher in the Asian trading session as risk sentiment weakened. Brent oil increased as Iran said it would not soften its conditions to reopen the Strait of Hormuz after President Trump rejected its proposal. The U.S dollar will likely continue to grind higher this week because of the strong U.S. economy, says Kristina Clifton, currency strategist at CBA. The U.S. Dollar Index could even set a new year-to-date high above 101.8 points this week, she adds. The next hurdle for traders is U.S. inflation data for August on Wednesday with the risk for a strong result, she says. (james.glynn@wsj.com; @JamesGlynnWSJ)
(END) Dow Jones Newswires
September 28, 2026 01:18 ET (05:18 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
2026 September US stock model trading review: 18 complete transaction details
Confidence among major Japanese manufacturers hits an eight-year high, fueling expectations for Bank of Japan interest rate hikes.
According to the quarterly Tankan survey released by the Bank of Japan on Thursday, the business sentiment index for large manufacturers rose from 22 to 24 in September, marking the sixth consecutive quarter of improvement and reaching the highest level in more than eight years.
$6.2 million, a whale withdrew 39,018 AAVE from an exchange
Synopsys (SNPS.US) partners with OpenAI to develop AI models for chip design, revenue-sharing model drives stock price up by 7%
On Wednesday, chip design software provider Synopsys (SNPS.US) announced that it has reached a partnership agreement with OpenAI. Both parties will jointly develop AI models for the chip business and share related revenues.
Crypto prices
More
