Written and reviewed by Kevin Nerway · Last verified 15 October 2026
Key Takeaways
- The U.S. Dollar Index slipped 0.1% to 102.06 on Thursday, October 15, 2026, backing off an 18-month high despite September core CPI printing at 0.3% MoM and 2.6% YoY.
- Comments from Federal Reserve Vice Chair for Supervision Michelle Bowman and San Francisco Fed President Mary Daly signaled the Fed can wait for more data ahead of its October 27–28 meeting, scaling back rate hike bets from 50%.
- A pullback in Treasury yields dragged the greenback lower, with the US 10-year yield falling to a three-week low of 5.1267% and the 30-year yield touching 5.4795%.
- Foreign currencies staged recoveries, with EUR/USD rising 0.3% to $1.1187 off 18-month lows and GBP/USD ticking up 0.2% to $1.3224 off 13-month lows.
On Thursday, October 15, 2026, the U.S. Dollar Index slipped 0.1% to 102.06, retreating from an 18-month peak after hotter-than-