The dollar index climbed above 100.3 on Friday, its highest level since mid-May 2025, and was on track for a second consecutive weekly gain as traders continued to favor the greenback as a safe haven amid the escalating conflict with Iran and the lack of prospects for an imminent resolution. Defense Secretary Pete Hegseth told reporters that the US would carry out its largest wave of strikes yet against Iran on Friday. Oil prices also recovered after an early decline, remaining near their highest levels since 2022. Investors see the US as better positioned than other economies due to its greater energy independence. The Federal Reserve will decide on monetary policy next week and, although no changes to the federal funds rate are expected, markets will closely watch for clues about policymakers’ outlook for the remainder of the year, particularly how inflation may evolve in light of the recent energy rally. Investors are currently pricing in only one rate cut by the Fed in 2026.
The DXY exchange rate rose to 100.4976 on March 13, 2026, up 0.76% from the previous session. Over the past month, the United States Dollar has strengthened 3.70%, but it's down by 3.11% 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 March 14 of 2026.
The DXY exchange rate rose to 100.4976 on March 13, 2026, up 0.76% from the previous session. Over the past month, the United States Dollar has strengthened 3.70%, but it's down by 3.11% over the last 12 months. The United States Dollar is expected to trade at 100.26 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 98.17 in 12 months time.