Dollar rises above 103 on hot October CPI and Fed hike bets: Nov 12, 2026
The US Dollar Index rose above 103.00 to its highest since April 2025 after hot October CPI data strengthened bets on a Federal Reserve rate hike in December. The move coincided with Treasury yields above 5% and softer Asian currencies, with headlines also citing Iran-related risks.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the US Dollar Index page.
Headlines (9)
First seen on November 12
Carried over from earlier days
- CME FedWatch: Market Sees 95.6% Chance of 25bp Fed Hike in Decembercls.cn
- CME FedWatch Shows 100% Chance of Fed Rate Hike in December Ahead of US October CPIflash.jin10.com
- Dollar jumps to 102.02 after October CPI, Nasdaq 100 futures fall nearly 1%, gold drops to $4049.50wallstreetcn.com
- European stocks mostly higher as hot US CPI sends Treasury yields above 5%InvestingLive
- Dollar posts biggest daily gain since September as hot October CPI fuels December hike betsflash.jin10.com
- Asian Currencies Soften After U.S. CPI Data Boosts DollarThe Wall Street Journal
- Dollar rises to highest since May 2025 as Fed rate-hike bets heat upcls.cn
- DXY Hits 19-Month High: Was the ‘Dollar Is Dying’ Crowd Wrong?BeInCrypto
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 12 | ||
| MI Inflation Expectations | AUD | |
| RICS House Price Balance | -33% | GBP |
| Construction Output m/m | 0.0% | GBP |
| Manufacturing Production m/m | -0.5% | GBP |
| GDP m/m | 0.0% | GBP |
| Industrial Production m/m | -0.4% | GBP |
| Goods Trade Balance | -19.2B | GBP |
| Prelim Business Investment q/q | 0.4% | GBP |