Dollar Index Holds Steady Amid Fed Rate Hike Expectations

The US dollar index remained steady on September 21 at 100.23, holding onto its gains from last week's rate hike by the Federal Reserve.

Despite the central bank's signal of more interest rate increases to come, the dollar index has maintained its value against six major currencies.

The yen saw a slight increase to 156.64 per US dollar after dropping 2% last week in response to the Bank of Japan raising rates on Friday to their highest level in 31 years at 1.25%.