Dollar holds near 102.50 ahead of Fed decision: Oct 28, 2026
The US Dollar Index strengthened to near 102.50 as attention focuses on the Federal Reserve's upcoming rate decision amid accelerating inflation. The dollar is holding ground ahead of mid-tier US data releases, with Fed policy expectations and geopolitical tensions in focus as the Fed, ECB and BoJ all prepare rate decisions.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the US Dollar Index page.
Headlines (10)
First seen on October 28
- United States Dollar Index strengthens to near 102.50, Fed rate decision loomsFXStreet
- The Dollar Looks for More Hawkish Signals. Forecast as of 28.10.2026LiteFinance
Carried over from earlier days
- US Dollar Index falls to near 101.50 amid Fed rate pause odds, easing safe-haven demandFXStreet
- Fed, ECB and BoJ to make rate decisions amid inflation risksaa.com.tr
- Fed expected to hold rates amid accelerating inflation ahead of November US midtermsaa.com.tr
- Forex Today: US Dollar holds ground ahead of mid-tier data releases, FOMC meetingFXStreet
- Experts agree: Fed policy outlook and geopolitical tensions keep US Dollar bidFXStreet
- Morning Kickstart: Dollar mostly higher as yields ease ahead of the FedInvestingLive
- Forex Today: No surprises expected from the FedFXStreet
- UAE interest rates: No cut expected today as central banks seen holding steadygulfnews.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 28 | ||
| BRC Shop Price Index y/y | GBP | |
| RBA Gov Bullock Speaks | AUD | |
| CPI m/m | 0.7% | AUD |
| Trimmed Mean CPI m/m | 0.3% | AUD |
| CPI y/y | 4.2% | AUD |
| Official Cash Rate | 3.00% | NZD |
| RBNZ Rate Statement | NZD | |
| RBNZ Press Conference | NZD | |