US Dollar Index bias flipped 9 times to weak bullish on August 18, 2026
Recent headlines show the US Dollar Index tumbled to two- and three-month lows as expectations for a Federal Reserve rate hike faded, weakening the currency. However, subsequent reports indicate the index extended a recovery from that low, trading above 99.50, with some firmness tied to geopolitical jitters around the Strait of Hormuz. The shifting outlook for Fed policy remains the key driver for the dollar's movements.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 9 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bullish
- 16:19Neutral
- 17:13Bullish
- 17:30Weak bearish
- 17:46Neutral
- 18:03Weak bearish
- 18:19Bullish
- 18:36Weak bullish
- 22:04Neutral
- 23:56Weak bullish
Headlines (12)
First seen on August 18
- Forex Today: US Dollar sags to two-month lows as Middle East risk lifts Oil and GoldFXStreet
- The US Dollar Index cannot rally with Washington on the offerFXStreet
- United States Dollar Index extends recovery from two-month low; trades above 99.50FXStreet
- Forex Today: US Dollar firms on Hormuz jitters ahead of UK CPI and FOMC MinutesFXStreet
Carried over from earlier days
- Morgan Stanley says disinflation is here, but risks to 2027 rate outlook remainHellenic Shipping News
- Euro strengthens above 1.1550 as Fed rate hike bets fadeFXStreet
- United States Dollar Index weakens to near 99.50 as traders push back Fed rate hike betsFXStreet
- Gold remains close to June 5 high as receding Fed hike bets undermine USDFXStreet
- Odds of Fed Rate Hike This Year Fall as Goldman Sachs Warns Against Hawkish BetsCoinGape
- Dollar Falls Sharply on Fading Prospect of Federal Reserve Raising RatesThe Wall Street Journal
- The Yen: Has the Trend Finally Been Broken?ActionForex
- Why the Dollar Hit a 3-Month Low and Bitcoin Only Moved 0.7%BeInCrypto
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, August 18 | ||
| Westpac Consumer Sentiment | AUD | |
| Unemployment Rate | 4.8% | GBP |
| Average Earnings Index 3m/y | 4.0% | GBP |
| Claimant Count Change | 16.5K | GBP |
| Foreign Direct Investment ytd/y | CNY | |
| German ZEW Economic Sentiment | 30.1 | EUR |
| ZEW Economic Sentiment | 25.9 | EUR |
| 10-y Bond Auction | GBP | |