ForexMedium•5 October 2026•
1 min read
US Dollar Tests Yearly Highs Ahead of Key ISM Services PMI Data
Key Facts
1The U.S. Dollar continued its rally, testing new yearly highs against major currency pairs.
2Traders are focusing on the upcoming ISM Services PMI data to gauge the strength of the U.S. economy.
The U.S. Dollar continued its rally, testing new yearly highs against major currency pairs. Reuters reported that traders are currently focusing on the upcoming ISM Services PMI data from the Institute for Supply Management to gauge the underlying strength of the U.S. economy.
Market participants are shifting their focus toward these economic indicators to justify the dollar's sustained momentum and the potential path of interest rates. The currency maintained its upward trajectory on October 5, 2026, reaching significant technical milestones despite previous periods of market volatility.