The dollar index (DXY00 ) rallied to a 1.5-year high on Monday, finishing up +0.37%. The dollar rallied on Monday amid stronger crude prices. WTI crude rose more than +2% on Monday, raising inflation expectations that could prompt the Fed to tighten monetary policy and support the dollar. The dollar...Holding money bunched in fist by Iana Miroshnichenko via iStock
Dollar Rallies on Higher Crude Oil Prices and Hawkish Fed Comments
Written on 10/12/2026