US Dollar Index bias flipped 6 times to neutral on August 21, 2026
The US Dollar Index is under pressure following Treasury intervention and a debt buyback plan, which has raised concerns about US fiscal credibility. This has driven the dollar to near three-month lows, while Bitcoin, gold, and other currencies surge. The intervention is seen as undermining confidence in the dollar, complicating the outlook for the greenback.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 6 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
- 00:00Neutral
- 01:51Weak bearish
- 04:04Neutral
- 20:36Weak bullish
- 20:52Neutral
- 21:24Weak bullish
- 21:56Neutral
Headlines (13)
First seen on August 21
- USD slammed in Asia Friday: Bitcoin, gold, FX surge as investors hedge against US fiscal credibility concernsInvestingLive
- Kickstart the North American session: The USD is lower vs the 3 major currency pairs.InvestingLive
- Treasury Intervention Puts the Dollar Under PressureActionForex
- Higher yields stop paying the Dollar IndexFXStreet
Carried over from earlier days
- Euro rises to June highs as falling US Treasury yields weigh on US DollarFXStreet
- A radical Bessent, panicking with big Treasury bond buyback move, craters the dollarInvestingLive
- Asia FX steadies after sharp gains, dollar near 3-mth low as bond selloff coolsInvesting.com
- Market Quick Take - US Treasury Buyback Announcement Punishes USD - 20 August 2026home.saxo
- 98.75 support tested; US Dollar Index under pressure amid US debt buyback planFXStreet
- The FX Trader: US dollar plunges on Bessent’s interventionhome.saxo
- 1.1700: Euro hits three-month highs as US Bond buyback plan crushes the US DollarFXStreet
- To Support the US Treasury Market, Bessent Sent the Greenback ReelingInvesting.com
- US Dollar: Debasement worries weigh after buyback – ScotiabankFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 21 | ||
| Flash Manufacturing PMI | 55.1 | JPY |
| Credit Card Spending y/y | NZD | |
| Public Sector Net Borrowing | 0.0B | GBP |
| Retail Sales m/m | -0.5% | GBP |
| French Flash Services PMI | 49.4 | EUR |
| French Flash Manufacturing PMI | 50.1 | EUR |
| German Flash Manufacturing PMI | 52.1 | EUR |
| German Flash Services PMI | 50.1 | EUR |