United States Dollar - Quote - Chart - Historical Data (2024)

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The dollar index softened to below 104.5 on Friday after touching a six-week high of 104.7, as investors digested a batch of economic data in a low-volume Good Friday session. Both headline and core PCE deflators, which are closely monitored by the Federal Reserve as key gauges of inflation in the US economy, have not surprised on the upside. Still, an upward revision in the core PCE for the prior month lifted the index to its highest back-to-back increase in one year, underscoring some stubbornness in price growth. Looking further, Fed Chair Powell had already stated that higher price gauges for the first two months of the year were not enough to halt the disinflation trend in the United States, warranting the central bank’s signal of multiple rate cuts this year. Meanwhile, personal income rose less than expected, but expenditure unexpectedly accelerated. The DXY was set to close the quarter 3% higher. The DXY decreased 0.0590 or 0.06% to 104.4870 on Friday March 29 from 104.5460 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on March 30 of 2024. The DXY decreased 0.0590 or 0.06% to 104.4870 on Friday March 29 from 104.5460 in the previous trading session. The United States Dollar is expected to trade at 104.49 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 104.59 in 12 months time.

The dollar index softened to below 104.5 on Friday after touching a six-week high of 104.7, as investors digested a batch of economic data in a low-volume Good Friday session. Both headline and core PCE deflators, which are closely monitored by the Federal Reserve as key gauges of inflation in the US economy, have not surprised on the upside. Still, an upward revision in the core PCE for the prior month lifted the index to its highest back-to-back increase in one year, underscoring some stubbornness in price growth. Looking further, Fed Chair Powell had already stated that higher price gauges for the first two months of the year were not enough to halt the disinflation trend in the United States, warranting the central bank’s signal of multiple rate cuts this year. Meanwhile, personal income rose less than expected, but expenditure unexpectedly accelerated. The DXY was set to close the quarter 3% higher.

The DXY decreased 0.0590 or 0.06% to 104.4870 on Friday March 29 from 104.5460 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on March 30 of 2024.

The DXY decreased 0.0590 or 0.06% to 104.4870 on Friday March 29 from 104.5460 in the previous trading session. The United States Dollar is expected to trade at 104.49 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 104.59 in 12 months time.

United States Dollar

The United States Dollar Index or DXY measures the performance of the dollar against a basket of other currencies including EUR, JPY, GBP, CAD, CHF and SEK. The EUR is, by far, the largest component of the index, making up 57.6% of the basket followed by JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), and CHF (3.6%).

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	104.49	104.55	164.72	70.70	1971 - 2024		Daily