QuoteI asked if the dollar index was heading for new lows in 2026 in a September 15, 2026, Barchart article (https://www.barchart.com/story/news/4619342/is-the-dollar-index-heading-for-new-lows-in-2026), and I concluded with the following:
While the dollar index's 2026 trend remains marginally bullish, at 99.00 to 99.50, the U.S. faces issues that could derail the positive trend over the coming weeks and months. With under four months until the end of 2026, a break below short-term technical support at 97.425 could lead to a test of the 2026 low of 95.44. The dollar index's path could significantly influence the path of least resistance for commodity prices. The U.S. dollar is the pricing mechanism for most raw materials because it is the world's reserve currency. A falling dollar tends to support higher commodity prices, leading to rising inflation, which further erodes the dollar's value.
The dollar index futures contract was trading at 99.34 on September 14, 2026, and moved higher to near 103 in November 2026.
Link: https://www.barchart.com/story/news/8808307/is-the-dollar-index-preparing-for-a-significant-move (https://www.barchart.com/story/news/8808307/is-the-dollar-index-preparing-for-a-significant-move)