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Markets

Dollar Gains Ground as CPI Report Produces Higher Odds for a Fed Rate Hike

The dollar index (DXY00 ) on Friday rose by +0.06%. The dollar found support as a hawkish US CPI report pushed odds of a...

By Dhallo News · September 13, 2026 at 3:33 AM IST

The dollar index (DXY00 ) on Friday rose by +0.06%. The dollar found support as a hawkish US CPI report pushed odds of an FOMC rate hike next week up to 88% from 75% on Thursday. Also, the 10-year T-note yield on Friday rose by +0.6 bp, supporting the dollar’s...

SOURCE: Nasdaq
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