US Dollar Price Forecast: DXY Extends Gains as EUR/USD and GBP/USD Slide

US Dollar Price Forecast: DXY Extends Gains as EUR/USD and GBP/USD Slide

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-dxy-060430839.html
Published: Sep 23, 2026 2:04 AM

Dollar Index Outlook: Hawkish Fed Supports Dollar as Falling Oil Tests Rate-Hike Bets The dollar is mostly higher on Wednesday, after officials from the Federal Reserve reiterated their hawkish outlook on the prior day. Waning crude prices have recently lessened odds for an extended hiking cycle. If the U.S. economy looks like it is improving, with consumers spending and businesses investing, especially in the areas of manufacturing and defense, as Richmond Fed President Barkin said on Tuesday, then what is the Fed's primary concern? For Barkin, it is not energy and it is not tariffs. Both are no longer major factors. The rest of the goods and services that the Fed uses to measure inflation...

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.