Skip to content
Back to Guavy Wire
Forex

US Dollar Holds Gains Amid Fed Rate Hike Expectations

Instruments
USD
Share

The US Dollar Index (DXY) posted modest gains around 100.30 on Friday as traders continued to assess the latest Federal Reserve rate hike and policy cues.

On Wednesday, the Fed raised its benchmark interest rate by a quarter-percentage point to a range of 3.75% to 4.00%, marking the first time since July 2023 that rates have been increased.

Fed Governor Michelle Bowman's speech later on Friday is set to provide further insight into the central bank's thinking, with markets now pricing in nearly a 53.1% chance of another US rate hike when the Fed meets next in October.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc