ForexMedium•13 October 2026•
1 min read
US Dollar Index Hits New 2026 Peak Amid French Fiscal Instability
Key Facts
1The US Dollar Index (DXY) is testing technical resistance levels after hitting a new 2026 peak of 102.30.
2Fiscal woes in France are contributing to the strength of the greenback against European currencies.
The US Dollar Index (DXY) hit a new peak for 2026, reaching the 102.30 level. According to investing.com, the index is currently testing key technical resistance levels following this milestone. The surge is attributed to growing fiscal concerns in France, which have bolstered the greenback's strength against major European currencies.
Fiscal instability in France is driving safe-haven demand toward the US Dollar. In broader regional context, Eurozone Retail Sales YoY were reported at 0.8% on October 6, 2026, missing the 1% forecast. Additionally, France's Balance of Trade showed a deficit of 6.1 billion on October 7, 2026, following a previous deficit of 6.6 billion.