The dollar index (DXY00) rose 0.33% on Tuesday to a 1.5-week high, finding support ahead of the 2-day FOMC meeting that ends Wednesday. Markets expect Fed Chair Warsh to offer somewhat hawkish comments on future rate hikes to curb above-target inflation.
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FedKevin WarshUS dollarinterest ratesinflation
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 102.02 |
| Change that session | +0.27% |
EUR/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 1.11744 |
| Change that session | -0.27% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/26/2026 | 4,017.66 |
| Change that session | +0.17% |
USD/JPY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 157.500 |
| Change that session | +0.42% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/26/2026 | 4,007.41 |
| Change that session | +0.19% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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Fed Chair Kevin Warsh said Friday he would not prejudge rate decisions at the October and December meetings. The Fed raised its key rate by a quarter-point to about 3.9% in September, its first hike in three years, defying President Donald Trump's calls for cuts. Minutes show most officials expect another increase this year to curb stubborn inflation. Warsh said the AI investment boom is one factor behind higher inflation, but called AI the most consequential change of his lifetime, with 'huge benefit' ahead; the Fed's AI task force meets Nov. 16.
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The dollar index (DXY00) rose 0.26%, hitting a 1.5-week high and extending gains to a third consecutive session. The dollar is getting support ahead of the 2-day FOMC meeting starting today, as markets expect Fed Chair Warsh to deliver somewhat hawkish comments on future rate hikes.
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