The dollar index steadied around 99.7 on Tuesday, holding gains from the previous session as investors continued to assess the outlook for Federal Reserve monetary policy ahead of key US inflation readings following a weak July jobs report. The closely watched consumer price index report is due on Wednesday, followed by producer inflation data on Thursday. Markets are currently pricing in around a 51% chance of a 25 basis point Fed rate hike in September, up from 44% a day earlier. Cleveland Fed President Beth Hammack said several rate increases may be needed to bring inflation back down to the central bank’s 2% target. Meanwhile, uncertainty persisted over a potential deal between the US and Iran to end the war and reopen the Strait of Hormuz, keeping markets wary of inflation and the outlook for interest rates.
The DXY exchange rate fell to 99.7961 on August 11, 2026, down 0.02% from the previous session. Over the past month, the United States Dollar has weakened 1.42%, but it's up by 1.73% over the last 12 months. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on August 11 of 2026.
The DXY exchange rate fell to 99.7961 on August 11, 2026, down 0.02% from the previous session. Over the past month, the United States Dollar has weakened 1.42%, but it's up by 1.73% over the last 12 months. The United States Dollar is expected to trade at 99.28 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 97.76 in 12 months time.