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US Dollar Reaches 1-Year High on Fed Rate Hike Bets

US Dollar Reaches 1-Year High on Fed Rate Hike Bets

Last updated: June 22, 2026 12:48 am
By Andrew Moran
0 Min Read
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US Dollar Reaches 1-Year High on Fed Rate Hike Bets

U.S. dollar bills in Washington on Nov. 13, 2025. Madalina Kilroy/The Epoch Times

A hawkish tilt at the Federal Reserve lifted the U.S. dollar to a one-year high this week.

The U.S. Dollar Index—a measure of the greenback against a weighted basket of currencies like the Japanese yen and British pound—was little changed during the June 19 holiday trading session.

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