Dollar Index Trades Around 98.80–98.75 Near a Three-Month Low

The US dollar index trades around the 98.80–98.75 region in Friday’s Asian session, down 0.10% on the day. That is the body stamp on the FXStreet 02:26 UTC page, dateModified 21 August 02:26:44 UTC. This is the Friday DXY tape. It is not the Thursday wrap.

The same page’s headline says the index “trades around 99.75–99.70.” That headline does not hold against the body. The two prints are quoted. They are not averaged.

The bounce was from the mid-98.00s, the lowest since 14 May

The body says fresh selling stalled Thursday’s modest bounce from the vicinity of the mid-98.00s, the lowest since 14 May. The index, it writes, looks set for heavy weekly losses.

Traders pared bets on an immediate Fed hike after last week’s soft US inflation figures. The market reaction to the Treasury long-end buyback faded as energy-driven inflation risk stayed in view.

WTI is already the live oil tape. This page says crude touched a fresh three-week high on Thursday after President Donald Trump said the US will launch the most crushing economic operation against Iran. That is color. It is not a second oil note. USD/CAD is the other live dollar tape.

CME FedWatch, as reprinted there, still prices around a 68% chance the Fed raises at least once by year-end. Live dollar is on prices. Flash PMI stamps sit on the economic calendar.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.