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

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The dollar index rose above 104.3 on Friday, recouping some losses from earlier in the week as Federal Reserve officials raised doubts on the timing of potential interest rate cuts, while investors await a key US jobs report. On Thursday, Minneapolis Fed President Neel Kashkari said that if inflation remained sticky, no rate cuts may be required this year. Fed Chair Jerome Powell also said on Wednesday that the central bank needs more evidence that inflation is sustainably moving toward the 2% target before slashing rates. Still, markets continued to bet that the Fed will start easing this year. Investors now look ahead to Friday’s jobs data, as well as incoming inflation readings next week that could influence the central bank’s decision in May and June. The dollar rebounded across the board but is falling against the Japanese yen amid intervention fears. The DXY increased 0.1143 or 0.11% to 104.3264 on Friday April 5 from 104.2121 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 5 of 2024. The DXY increased 0.1143 or 0.11% to 104.3264 on Friday April 5 from 104.2121 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 above 104.3 on Friday, recouping some losses from earlier in the week as Federal Reserve officials raised doubts on the timing of potential interest rate cuts, while investors await a key US jobs report. On Thursday, Minneapolis Fed President Neel Kashkari said that if inflation remained sticky, no rate cuts may be required this year. Fed Chair Jerome Powell also said on Wednesday that the central bank needs more evidence that inflation is sustainably moving toward the 2% target before slashing rates. Still, markets continued to bet that the Fed will start easing this year. Investors now look ahead to Friday’s jobs data, as well as incoming inflation readings next week that could influence the central bank’s decision in May and June. The dollar rebounded across the board but is falling against the Japanese yen amid intervention fears.

The DXY increased 0.1143 or 0.11% to 104.3264 on Friday April 5 from 104.2121 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 5 of 2024.

The DXY increased 0.1143 or 0.11% to 104.3264 on Friday April 5 from 104.2121 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
104.33 104.21 164.72 70.70 1971 - 2024 Daily
United States Dollar - Quote - Chart - Historical Data (2024)
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