United States Dollar - Quote - Chart - Historical Data (2024)

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The dollar index rose toward 106.3 on Friday, climbing for the second straight session and marching towards its highest levels in over five months as investors scaled back bets on Federal Reserve rate cuts and started entertaining the possibility of no reductions at all this year. Minneapolis Fed President Neel Kashkari called for patience on rate reductions, saying the first move may not take place until 2025. New York Fed President John Williams also said that another rate hike isn’t his base case, but is still possible due to inflationary risks. Still, markets are betting that the Fed will deliver its first rate cut in September. On the economic front, fresh US data including initial jobless claims and the Philadelphia Fed Manufacturing Index continued to point to a resilient economy. The dollar scaled fresh multi-month highs against most major currencies, but retreated from 34-year highs versus the yen after BOJ’s Ueda said they may raise rates again. The DXY increased 0.1371 or 0.13% to 106.3019 on Friday April 19 from 106.1648 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on April 19 of 2024. The DXY increased 0.1371 or 0.13% to 106.3019 on Friday April 19 from 106.1648 in the previous trading session. The United States Dollar is expected to trade at 105.49 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 108.39 in 12 months time.

The dollar index rose toward 106.3 on Friday, climbing for the second straight session and marching towards its highest levels in over five months as investors scaled back bets on Federal Reserve rate cuts and started entertaining the possibility of no reductions at all this year. Minneapolis Fed President Neel Kashkari called for patience on rate reductions, saying the first move may not take place until 2025. New York Fed President John Williams also said that another rate hike isn’t his base case, but is still possible due to inflationary risks. Still, markets are betting that the Fed will deliver its first rate cut in September. On the economic front, fresh US data including initial jobless claims and the Philadelphia Fed Manufacturing Index continued to point to a resilient economy. The dollar scaled fresh multi-month highs against most major currencies, but retreated from 34-year highs versus the yen after BOJ’s Ueda said they may raise rates again.

The DXY increased 0.1371 or 0.13% to 106.3019 on Friday April 19 from 106.1648 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on April 19 of 2024.

The DXY increased 0.1371 or 0.13% to 106.3019 on Friday April 19 from 106.1648 in the previous trading session. The United States Dollar is expected to trade at 105.49 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 108.39 in 12 months time.

United States Dollar

The United States Dollar Index or DXY measures the performance of the dollar against a basket of other currencies including EUR, JPY, GBP, CAD, CHF and SEK. The EUR is, by far, the largest component of the index, making up 57.6% of the basket followed by JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), and CHF (3.6%).

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	106.30	106.16	164.72	70.70	1971 - 2024		Daily