Forex

Dollar Surges as Hot PPI Report Fuels Rate Hike Expectations

Guavy AI Editorial Team Published September 11, 2026

Instruments

USD AUD

The US Dollar Index (DXY) rebounded on Friday, reclaiming the 99.00 barrier after the hot Producer Price Index (PPI) rose 5.4% over the year to August.

This increase hardened expectations for a Federal Reserve rate hike at next week's meeting, which had an immediate impact on the US Dollar price today.

The table shows the percentage change of the US Dollar against major currencies, with the USD being the strongest against the Australian Dollar.

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