Dollar Index Holds Near 101 as Fed Rate Path Remains Uncertain

The US Dollar Index (DXY) fell to 100.92 on Thursday, July 9, 2026 (18 Tir), down 0.07 percent from the previous session, though it is up 0.98 percent over the past month and 3.35 percent over the past year. According to Trading Economics, minutes from the Federal Reserve's June meeting showed policymakers remain divided over the future path of interest rates, with only a few officials favoring a rate hike, while markets continue to price in at least one Fed rate increase by the end of 2026.