Dollar 5consecutive trading-day gains, dollar index 101.628 recorded
The dollar posted gains for 5consecutive trading days, with the dollar index recording 101.628. The backdrop includes euro weakness and expectations of a policy rate hike by the Federal Reserve, directly affecting the won-dollar exchange rate and the performance of exporting companies.
The dollar posted gains for 5consecutive trading days, with the dollar index (DXY) in the New York foreign exchange market recording 101.628. From an investor’s perspective, exchange-rate fluctuations directly affect exporters’ won-denominated earnings and the value of the won.
The dollar index rose from the previous session’s closing price by 101.395 points (0.233%) to 0.230. The measurement was taken on 24 morning at 7:36 (Eastern Time).
The dollar has maintained its highest level since 5 last year, after 13 months. Around the close of the London session, it surged to 101.706.
The weakness of the euro and expectations of a policy rate hike by the Federal Reserve are cited as factors behind the dollar’s strength. The market believes these expectations have pushed up the dollar’s value against major currencies.
This movement was observed in an indicator reflecting the dollar’s value against major 6 currencies. The relevant figures are based on trading in the New York foreign exchange market.
The announcement was made in 2026 year, 6 month, and 24 day, and the figures may differ from those for other time zones due to on-site trading conditions and time differences.
Sources: 연합인포맥스
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