# Dollar index hits 13-month high on hawkish Fed, shaky Middle East outlook

> The dollar index rose to 101.12, a 13-month high, after hawkish Fed signals and renewed Middle East uncertainty. Money markets now price an 89% chance of a 25 basis point Fed hike in September, and US CPI rose 4.2% year-on-year in May.

- Date: 2026-06-19 · published 2026-06-19T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/11519-dollar-index-hits-13-month-high-on-hawkish-fed-shaky-middle-east-outlook
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A dollar at a 13-month high tends to weigh on US commodity export prices and support demand for dollar-linked assets. Higher US rates also raise financing costs for feed inventories and farm credit.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2026-06-24 | 5 | +1.8% | 3.1 | The dollar index hit a 13-month high on hawkish Fed pricing (89% September hike odds) and Middle East uncertainty, confirming the move's magnitude. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-04-22 | [U.S. dollar hits more than 2-year high on aggressive Fed hike outlook](https://feedsoft.ai/events/4950-u-s-dollar-hits-more-than-2-year-high-on-aggressive-fed-hike-outlook.md) | +2.5% | +2.0% |
| DXY | 2026-06-24 | [U.S. dollar rises to 13-month high on Fed rate hike views](https://feedsoft.ai/events/11992-u-s-dollar-rises-to-13-month-high-on-fed-rate-hike-views.md) | -0.1% | -0.4% |
| DXY | 2024-12-13 | [Dollar set for best week in a month on cautious Fed outlook for 2025](https://feedsoft.ai/events/27205-dollar-set-for-best-week-in-a-month-on-cautious-fed-outlook-for-2025.md) | +1.3% | +2.4% |
| DXY | 2026-10-14 | [Dollar hits fresh 18-month high as hot inflation boosts Fed hike expectation](https://feedsoft.ai/events/649-dollar-hits-fresh-18-month-high-as-hot-inflation-boosts-fed-hike-expectation.md) | -0.3% | — |
| DXY | 2026-06-23 | [Dollar climbs to 13-month high on Fed hike bets, safe-haven bid \| Reuters](https://feedsoft.ai/events/11987-dollar-climbs-to-13-month-high-on-fed-hike-bets-safe-haven-bid-reuters.md) | +0.3% | +0.0% |
| EURUSD | 2020-09-17 | [Dollar edges higher as Fed outlook lifts U.S. yields \| Financial Post](https://feedsoft.ai/events/7697-dollar-edges-higher-as-fed-outlook-lifts-u-s-yields-financial-post.md) | -1.3% | -1.1% |
| EURUSD | 2018-09-28 | [Dollar gains on euro woes, Fed rate outlook](https://feedsoft.ai/events/63239-dollar-gains-on-euro-woes-fed-rate-outlook.md) | -1.4% | -2.4% |
| EURUSD | 2023-09-28 | [Dollar index powers to 10-month high - Business & Finance - Business Recorder](https://feedsoft.ai/events/34310-dollar-index-powers-to-10-month-high-business-and-finance-business-recorder.md) | +0.1% | +0.2% |

## Sources

- aa.com.tr: https://www.aa.com.tr/en/economy/dollar-index-hits-13-month-high-on-hawkish-fed-shaky-middle-east-outlook/3971925

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.