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fxJun 19, 2026, 8:39 AM

Dollar Index Breakout Fueled by Hawkish Fed Repricing – Societe Generale

The US Dollar Index (DXY) has broken above 101.00, supported by a hawkish shift in Fed pricing, according to Societe Generale’s Kenneth Broux.

DXY

The US Dollar Index (DXY) is in breakout territory after moving above the 101.00 level, according to Societe Generale strategist Kenneth Broux. The move is being fueled by a repricing of hawkish Federal Reserve expectations.

Broux notes that the dollar’s strength reflects a broader market reassessment of the pace and magnitude of potential Fed rate hikes. The breakout above 101.00 marks a key technical level that could signal further upside momentum for the greenback.

Source: FXStreet Forex News