The U.S. Dollar Index (DXY), which tracks the greenback against a basket of currencies, opened with a higher range and hit a new week high of 99.70 at the start of the new week since November 2025. The index has stuck to its intraday gains in the first half of the European session and looks set to continue to grow.
A one-day rise in crude oil prices to a three-year high raised inflation concerns and reduced the prospect of a short-term rate cut by the US Federal Reserve (Fed). Moreover, escalating geopolitical tensions in the Middle East benefit the US dollar’s unique status as the world’s reserve currency. This, in turn, confirms the near-term positive outlook for DXY.
From a technical perspective, the near-term bias is slightly bullish as the USD has broken above the 200-day exponential moving average (EMA) near 99.00, indicating a recovery in the broader bullish context. Furthermore, the moving average convergence indicator (MACD) is in positive territory with the MACD line above its signal line and a moderately positive histogram, which indicates the strengthening of the upward momentum.
Meanwhile, the Relative Strength Index (RSI) is trading below the overbought zone at 68, suggesting buyers to maintain control, but momentum may cool if gains decline. Primary support is formed at the 99.00 area, where the 200-day EMA converges with the recent breakout level, and a break below exposes secondary support around 98.80.
On the upside, the immediate resistance at 99.80 meets the 100.20 zone, where the previous highs cover further advances in the first test. A sustained move above 100.20 would pave the way towards 100.80, while a hold above 99.00 would reduce the current upside bias to a neutral daily outlook.
(The technical analysis of this story was written with the help of an AI tool.)
DXY daily chart
The price of the US dollar today
The table below shows the percentage change of the US dollar (USD) against the major currencies listed today. The US dollar was the strongest against the euro.
| USD | Yavro | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.69% | 0.60% | 0.44% | -0.06% | 0.50% | 0.26% | 0.44% | |
| Yavro | -0.69% | -0.09% | -0.24% | -0.74% | -0.19% | -0.42% | -0.25% | |
| GBP | -0.60% | 0.09% | -0.15% | -0.65% | -0.10% | -0.33% | -0.16% | |
| JPY | -0.44% | 0.24% | 0.15% | -0.49% | 0.06% | -0.18% | -0.00% | |
| CAD | 0.06% | 0.74% | 0.65% | 0.49% | 0.55% | 0.32% | 0.49% | |
| AUD | -0.50% | 0.19% | 0.10% | -0.06% | -0.55% | -0.23% | -0.07% | |
| NZD | -0.26% | 0.42% | 0.33% | 0.18% | -0.32% | 0.23% | 0.17% | |
| CHF | -0.44% | 0.25% | 0.16% | 0.00% | -0.49% | 0.07% | -0.17% |
The heat map shows the percentage change of the base currency relative to each other. The base currency is selected from the left column, while the quote currency is selected from the top row. For example, if you select USD from the left column and scroll horizontally to Japanese Yen, the percentage change shown in the box represents USD (base)/JPY (quote).
