The dollar index softened to 101.3 on Tuesday after testing a 15-month high of 101.6 in the previous session as softer energy prices limited the outlook of a rate hike by the Federal Reserve this year. US officials stressed that a diplomatic resolution may still be achieved with Iran in their war, driving fuel prices to ease off their local peaks and trimming the risk of a rebound in energy inflation. Still, fuel prices remained elevated in a historical level as exports from the Middle East are still low. A portion of FOMC members had recently signaled that higher inflation and evidence of a robust labor market could warrant higher rates. The Federal Reserve is expected to hold its policy rates unchanged tomorrow, but rate futures continued reflect the consensus of a hike this year. The greenback held recent gains against the euro and the yen, although political volatility in the UK maintained the sterling's recent appreciation.

The DXY exchange rate fell to 101.3785 on July 28, 2026, down 0.15% from the previous session. Over the past month, the United States Dollar has strengthened 0.27%, and is up by 2.52% 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 July 28 of 2026.

The DXY exchange rate fell to 101.3785 on July 28, 2026, down 0.15% from the previous session. Over the past month, the United States Dollar has strengthened 0.27%, and is up by 2.52% over the last 12 months. The United States Dollar is expected to trade at 101.12 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 99.61 in 12 months time.



Crosses Price Day Year Date
DXY 101.3757 -0.1593 -0.16% 2.52% Jul/28
EURGBP 0.8570 0.0014 0.16% -0.92% Jul/28
EURAUD 1.6326 0.0063 0.39% -7.95% Jul/28
GBPAUD 1.9051 0.0048 0.25% -7.09% Jul/28
EURJPY 186.5970 0.4290 0.23% 8.83% Jul/28
AUDNZD 1.2048 -0.0054 -0.45% 10.15% Jul/28
GBPJPY 217.7030 0.0878 0.04% 9.85% Jul/28
AUDJPY 114.1950 -0.2535 -0.22% 18.12% Jul/28
EURCHF 0.9328 0.0016 0.17% 0.23% Jul/28
EURCAD 1.6066 0.0010 0.06% 0.98% Jul/28
GBPCHF 1.0881 -0.0003 -0.03% 1.17% Jul/28
GBPCAD 1.8745 -0.0024 -0.13% 1.92% Jul/28
EURSEK 11.0217 -0.0361 -0.33% -1.09% Jul/28
EURNOK 11.0085 0.0209 0.19% -6.57% Jul/28
 Currencies
 USD...
 ...USD



Related Last Previous Unit Reference
United States Inflation Rate 3.50 4.20 percent Jun 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026

United States Dollar
The United States Dollar Index or DXY measures the performance of the dollar against a basket of other currencies including EUR, JPY, GBP, CAD, CHF and SEK. The EUR is, by far, the largest component of the index, making up 57.6% of the basket followed by JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), and CHF (3.6%).
Actual Previous Highest Lowest Dates Unit Frequency
101.38 101.54 164.72 70.70 1971 - 2026 Daily

News Stream
US Dollar Eases from 15-Month High
The dollar index softened to 101.3 on Tuesday after testing a 15-month high of 101.6 in the previous session as softer energy prices limited the outlook of a rate hike by the Federal Reserve this year. US officials stressed that a diplomatic resolution may still be achieved with Iran in their war, driving fuel prices to ease off their local peaks and trimming the risk of a rebound in energy inflation. Still, fuel prices remained elevated in a historical level as exports from the Middle East are still low. A portion of FOMC members had recently signaled that higher inflation and evidence of a robust labor market could warrant higher rates. The Federal Reserve is expected to hold its policy rates unchanged tomorrow, but rate futures continued reflect the consensus of a hike this year. The greenback held recent gains against the euro and the yen, although political volatility in the UK maintained the sterling's recent appreciation.
2026-07-28
Dollar Index Hits 4-week High
DXY increased to 101.60, the highest since June 2026. Over the past 4 weeks, Dollar Index gained 0.48%, and in the last 12 months, it increased 2.74%.
2026-07-28
Dollar Holds Firm Ahead of Fed Meeting
The dollar index traded around 101.5 on Tuesday, holding onto the previous session’s gains as investors awaited the Federal Reserve’s policy decision, with markets pricing in an over one-third chance of a rate hike. That marks an unusually high level of uncertainty this close to a Fed meeting compared with recent years. Citadel Securities also said it expects the Fed to raise interest rates this week to reinforce Chairman Kevin Warsh’s inflation-fighting credibility after the central bank chief repeatedly pledged to restore price stability. Meanwhile, the probability of a Fed rate hike in September currently stands at around 56%. The dollar also remained resilient even after President Donald Trump said the US was engaged in "good talks" with Iran to end the Middle East conflict, a development that pushed oil prices lower and eased concerns over inflation and tighter monetary policy.
2026-07-28