Why is the US Dollar rising despite October Fed hike odds fading?

UK trading desk, Time Trade (2026-10-05): The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the… Primary source: original at FXStreet (fxstreet.com).

5 October 2026, 12:05 BST · FXStreet

The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve's (Fed) rate path.

Read at source