USD Weekly Update
Updated 13 Jun 2026 • 23:45 GMT
The US Dollar has gained momentum, reaching two-month highs close to the symbolic 100.00 level, bolstered by stronger-than-expected Nonfarm Payrolls and resilient labor data. Markets are now speculating that the Federal Reserve might consider a rate hike in December, moving away from anticipated cuts. De-escalated geopolitical tensions have slightly eased the dollar's safe-haven appeal, yet persistent inflation and elevated oil prices may keep the Federal Reserve in a cautious or even hawkish stance longer.
Key watchpoints:
- Monitor labor market data for further impacts on Fed rate decisions.
- Track geopolitical developments and their influence on the dollar as a safe haven.
- Watch inflation trends and oil prices for potential shifts in monetary policy outlook.