US Dollar Index bias held neutral on August 23, 2026
The US Dollar Index is under pressure as headlines point to concerns over US fiscal sustainability, with a $40tn debt load and rising mortgage and fuel costs fueling worries about economic strain. Analysts have highlighted a potential structural breakdown in the dollar, with some suggesting it should be sold against other currencies, while gold and bitcoin are being positioned as alternatives. These factors are collectively keeping the dollar weak in current market sentiment.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (17)
First seen on August 23
- Sell U.S. dollar versus these currencies, BCA saysInvesting.com
- Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather StewartThe Guardian
- Robert Kiyosaki Bets on Gold, Silver, and Bitcoin Amid “More Fake Dollars”BeInCrypto
- Gold Winning, Dollar LosingGold Eagle
- Warsh seeks to soothe investors’ nerves as signs of economic strain mountFinancial Times
Carried over from earlier days
- United States Dollar Index trades around 99.75-99.70, hangs near three-month lowFXStreet
- Futures Rise On Opex Day As Yields Stabilize; Bitcoin Almost Tags $80,000ZeroHedge
- Treasury Intervention Puts the Dollar Under PressureActionForex
- Higher yields stop paying the Dollar IndexFXStreet
- The Dollar: from Debt Crisis to Currency CrisisActionForex
- Market Quick Take - Treasury yields rise and Walmart slides as Jackson Hole comes into view - 21 August 2026home.saxo
- US PMI Composite Hits 52-Month High as Services Drive August AccelerationActionForex
- Dollar Selloff Deepens and Broadens — What Changed?ActionForex
- Financial & Forex Weekly Recap: August 17-21, 2026babypips.com
- US Treasury yields extend rebound as Services PMI beats estimatesFXStreet
- The Trump economy: $40tn debt, 6.7% mortgages and $5 dieselFinancial Times
- Dollar Index Faces Structural Breakdown Toward 90, EUR/USD Eyes 1.20 BreakoutActionForex
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, August 23 | ||
| Core Retail Sales q/q | 0.3% | NZD |
| Retail Sales q/q | 0.1% | NZD |
| Monday, August 24 | ||
| Corporate Profits q/q | CAD | |
| Treasury Sec Bessent Speaks | USD | |
| CBI Realized Sales | GBP | |
| German Buba Monthly Report | EUR | |
| German Import Prices m/m | EUR | |
| German Retail Sales m/m | EUR | |