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The US dollar index rose by 0.3% on Friday, with a V-shaped reversal for the week.

20/09/2025

On Friday, the New York market in the afternoon session, the ICE US Dollar Index rose by 0.31% to 97.654 points, with a cumulative increase of 0.11% for the week. It showed a V-shaped reversal, dropping to 96.218 points after the Federal Reserve announced a 25 basis point rate cut on September 17 and the FOMC dot plot suggested there is still room for a 50 basis point rate cut in 2025. The Bloomberg Dollar Index rose by 0.22% to 1198.51 points, with a cumulative increase of about 0.01% for the week, overall trading in the range of 1183.70-1200.34 points.

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