Dollar Index: post-PCE retracement as October hold odds rise
Sep 30, 2026

DXY

Following the PCE data, the Dollar Index can see some retracement as markets price higher odds of an October hold versus a week ago, plus end-of-month and Q3 flows.

Price is coming out of the upward channel after a five-wave rally. We wait for a three-leg pullback, then more gains, with support around 100.60–99.90.

Trade well,
Grega

DXY Elliott Wave post-PCE retracement chart

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