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Source: Newsmaker.id
The US Dollar Index (DXY) weakened slightly during US trading on Thursday (Sept. 17, 2026). Based on data accessed Friday (Sept. 18) at approximately 00:57 WIB, the DXY stood at 100.24—down 0.08%—within a trading range of 100.03–100.37. The dollar's decline was accompanied by the strengthening of several major currencies, although the pound sterling moved in the opposite direction. Investing.com
Below are the positions of seven major pairs at the time of that intraday update. Percentages indicate the daily change for each pair, while exchange rates reflect the bid prices displayed by data providers.
Fundamentally, the dollar continues to draw support from the Federal Reserve's decision on Wednesday to raise interest rates by 25 basis points to a range of 3.75%–4.00%. However, a subsequent drop in Treasury yields and oil prices tempered the dollar's upward momentum following its earlier rally. Federal Reserve, Reuters
The pound faced its own pressure after the Bank of England held interest rates at 3.75% in a 6–3 vote. Three members favored a rate hike, but the majority opted to wait. Sterling weakened following the decision, demonstrating how domestic policy can cause a currency to diverge from the dollar's general trend. Bank of England, WSJ
Meanwhile, the yen strengthened ahead of the Bank of Japan's decision on Friday (Sept. 18). Markets anticipate a rate hike and are looking for clues regarding future tightening. The USD/JPY response will depend on how hawkish the BOJ's guidance is relative to market expectations already priced in. Reuters
According to Newsmaker's analysis, the DXY correction suggests the dollar's strengthening momentum is stalling, though support from the Fed's tight policy remains. If US yields continue to fall, EUR/USD, AUD/USD, and NZD/USD have the potential to sustain their recovery. For USD/JPY, BOJ guidance that is tighter than expected could add downward pressure. The pound's movement serves as a reminder that the DXY is a composite measure of dollar strength; the direction of each currency pair remains influenced by the respective economic conditions and central bank policies.
Source: Newsmaker.id