# Dollar Hits Near 18-Month High on Prospect of Higher U.S. Rates -- 2nd Update

> The dollar rose to its highest level since April 2025 against a basket of currencies, with the DXY hitting an 18-month high near 102.00. Support came from expectations of further Fed rate hikes after firm labour data and a higher revision to second-quarter growth, despite softer inflation readings.

- Date: 2026-10-01 · published 2026-10-01T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/17226-dollar-hits-near-18-month-high-on-prospect-of-higher-u-s-rates-2nd-update
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar raises the cost of US feed commodities for foreign buyers and tends to pressure dollar-priced grain and meal prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-10-25 | [Dollar rises from one-month low on prospect of higher interest rates \| Reuters](https://feedsoft.ai/events/7163-dollar-rises-from-one-month-low-on-prospect-of-higher-interest-rates-reuters.md) | +0.4% | +1.7% |
| DXY | 2024-01-17 | [Dollar hits new one-month high as data weighs on rate cut hopes](https://feedsoft.ai/events/32291-dollar-hits-new-one-month-high-as-data-weighs-on-rate-cut-hopes.md) | +0.4% | +0.8% |
| 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 | 2021-06-17 | [Dollar surges to two-month high on Fed rate-hike projection](https://feedsoft.ai/events/5930-dollar-surges-to-two-month-high-on-fed-rate-hike-projection.md) | +1.1% | +1.7% |
| DXY | 2021-03-08 | [Dollar at 3-1/2-month high on firmer yields, U.S. growth \| Reuters](https://feedsoft.ai/events/48311-dollar-at-3-1-2-month-high-on-firmer-yields-u-s-growth-reuters.md) | -0.6% | -0.0% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/dollar-hits-near-18-month-high-on-prospect-of-higher-u-s-rates-2nd-update-9f1d825b

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