ForexMedium•11 November 2026•
1 min read
US Dollar Index Surges Following Higher-Than-Expected October 2026 CPI Data
Key Facts
1The US Dollar Index rose significantly following higher-than-expected October 2026 CPI data which reached 4.08%.
2The EUR/USD pair is expected to trade within a range of 1.1100 to 1.1250 in the current period.
The US Dollar Index rose significantly following higher-than-expected October 2026 CPI data which reached 4.08%. FXStreet reported that the year-on-year inflation figure exceeded the 3.72% recorded in the previous month, fueling expectations for tighter monetary policy from the Federal Reserve.
The EUR/USD pair is expected to trade within a range of 1.1100 to 1.1250 in the current period according to FXStreet. The US Dollar Index maintains a bullish stance above 101 with potential to reach the 103-104 range amid persistent inflationary pressures.