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Dollar Index breaks its June peak as the Euro sinks on dearer Crude Oil

Published Oct 01, 2026 2:59 PM Last updated Oct 01, 2026 4:00 PM Source: EODHD Event Time: Oct 01, 2026 2:59 PM
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This market news item includes source data powered by EODHD.

Dollar Index breaks its June peak as the Euro sinks on dearer Crude Oil

Source: EODHD - https://www.fxstreet.com/news/dollar-index-breaks-its-june-peak-as-the-euro-sinks-on-dearer-crude-oil-202610011859
Published: Oct 01, 2026 2:59 PM

The odds of an October Fed rate hike have roughly halved since Monday, and the Dollar Index has risen on every one of those days. It trades near 102.10, its highest since April 2025. The index is moving with Crude Oil and the Euro rather than with the odds for the Fed's next meeting.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.
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