The US Dollar Index consolidates slightly, and the weekly chart is expected to record four consecutive weeks of gains.
智通财经2026/10/09 11:36(1) The US Dollar Index remained broadly stable near 102.1 on Friday, recording a weekly gain of nearly 0.2% and achieving its fourth consecutive weekly rise, with the dollar climbing to its highest level since April 2025. (2) The market continues to assess the evolving situation in the Middle East and analyze its potential ripple effects on international oil prices and inflation levels. The US has stated that it will not launch military strikes against Iran before the midterm elections, easing market concerns over further disruptions to energy supply and leading to a retreat in international oil prices. (3) Even though geopolitical risks have somewhat abated, the market continues to price in the expectation that the Federal Reserve will maintain higher interest rates for a longer period in order to curb persistent inflationary pressures. (4) Interest rate futures suggest there is about an 81% probability that the Federal Reserve will keep rates unchanged this month, with approximately a 69% chance of a 25-basis-point rate hike in December.
- The US Dollar Index remained largely stable near 102.1 on Friday, with a weekly increase close to 0.2%, marking its fourth consecutive week of gains and rising to the highest level since April 2025.
- The market continues to evaluate the situation in the Middle East and its potential chain effects on international oil prices and inflation levels. The US stated that it will not launch military strikes against Iran before the midterm elections, easing concerns about further disruptions to energy supplies, which led to a retreat in international oil prices.
- Even though geopolitical risks have somewhat subsided, the market is still pricing in that the Federal Reserve will maintain high interest rates for a longer period in order to curb persistent inflationary pressures.
- Interest rate futures indicate that there is about an 81% probability that the Federal Reserve will keep rates unchanged this month, and roughly a 69% chance for a 25 basis point rate hike in December.
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