Experts agree: Further US Dollar’s upside hinges on upcoming data and not hawkish Fed prospects

The US Dollar (USD) trades slightly higher on Monday as traders remain confident that the Federal Reserve (Fed) will hike interest rates again this year. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% higher to near 100.30.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-21
• rates

Topics: gold news, gold price impact, rates