FXStreet reported Monday that the U.S. Dollar Index was below 102 after an intraday pullback found buying near 101.55–101.60, ahead of the Federal Reserve’s policy decision Wednesday.
In its 4:27 a.m. ET (08:27 UTC) Oct. 26 update, FXStreet said the index posted modest gains during the session. The outlet described Friday’s recovery as coming after the gauge had neared its lowest level in almost three weeks.
Vantage separately reported a reading of 101.481 at 9:41 p.m. ET Sunday (01:41 UTC Monday), nearly seven hours before FXStreet’s update. The figures are snapshots from different times.
FXStreet’s AI-assisted four-hour chart analysis identified 101.30 as near-term support, where it said a 38.2% September–October retracement aligned with the 200-period simple moving average. It listed 101.93 as initial resistance and 102.96 as a stronger barrier. These are the outlet’s technical levels.
ICE Futures U.S. says its U.S. Dollar Index measures the dollar against six currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. The euro accounts for 57.6% of the basket, the largest share. EconoTimes previously covered the gauge in its Oct. 22 report on dollar-index readings near 101.70, which described separate levels during Asian and New York trading.
The Federal Open Market Committee (FOMC) is scheduled to meet Oct. 27–28. The Federal Reserve has set its policy announcement for 2 p.m. ET Wednesday, Oct. 28, followed by a press conference at 2:30 p.m. ET.
The Bureau of Economic Analysis (BEA) has scheduled two releases for 8:30 a.m. ET Thursday, Oct. 29: its advance estimate of third-quarter 2026 gross domestic product and September 2026 Personal Income and Outlays. The latter includes the personal consumption expenditures (PCE) price index, which measures changes in prices paid by U.S. consumers.
