Dollar hovers near 101.50 as lower yields counter hike bets: Oct 23, 2026
The United States Dollar Index traded around 101.50 to 101.70 as bets on a Federal Reserve pause and sliding U.S. bond yields countered expectations for hikes. Weak tech earnings were also cited as a weight, with the dollar extending its slide as yields moved lower. September data showed consumer prices up 0.6% and producer prices for final demand up 1.3%, while payroll employment and the 4.2% unemployment rate changed little.
Updated
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Headlines (9)
First seen on October 23
Carried over from earlier days
- United States Dollar Index holds firm due to oil-driven inflation, Fed neutralityFXStreet
- PPI for final demand increases 1.3% in September; goods advance 2.6%, services rise 0.8%bls.gov
- Both payroll employment (+29,000) and unemployment rate (4.2%) change little in Septemberbls.gov
- CPI for all items increases 0.6% in September; gasoline risesbls.gov
- US Dollar Index hovers around 101.70 as sliding US bond yields counters Fed hike betsFXStreet
- Forex Today: US Dollar extends slide as US yields stretch lowerFXStreet
- United States Dollar Index falls to near 101.50 due to Fed rate pause betsFXStreet
- Strong US dollar, mounting energy costs work against Trump’s midterm outlookaa.com.tr
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 23 | ||
| Flash Manufacturing PMI | 54.5 | JPY |
| Retail Sales m/m | -0.1% | GBP |
| French Flash Services PMI | 50.7 | EUR |
| French Flash Manufacturing PMI | 50.5 | EUR |
| German Flash Manufacturing PMI | 53.5 | EUR |
| German Flash Services PMI | 52.5 | EUR |
| Flash Services PMI | 52.6 | EUR |
| Flash Manufacturing PMI | 52.7 | EUR |