{"id":30591,"date":"2026-03-13T01:58:44","date_gmt":"2026-03-13T01:58:44","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30591\/"},"modified":"2026-03-13T01:58:44","modified_gmt":"2026-03-13T01:58:44","slug":"geopolitical-strains-propel-the-us-dollar-higher-surpassing-99-00-and-approaching-100-00-on-the-dxy-index","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30591\/","title":{"rendered":"Geopolitical strains propel the US Dollar higher, surpassing 99.00 and approaching 100.00 on the DXY index"},"content":{"rendered":"The US Dollar rose for a third day, pushing the DXY above 99.00 to new multi-month highs and moving towards 100.00. Support came from demand for safe-haven assets and higher US Treasury yields amid tensions linked to the US\u2013Israel\u2013Iran situation.\n\nWeekly Initial Jobless Claims fell to 213K in the week ending March 7, and the report was corrected on March 12 at 18:21 GMT to confirm the date. Upcoming US releases include PCE inflation, another revision to Q4 GDP, and the advanced Michigan Consumer Sentiment Index.\n\n<h3>Dxy Technical Levels<\/h3>\nOn the charts, DXY faces resistance at 100.00, then 100.39 (November 21) and 101.97 (May 12). If it drops below the 200-day SMA at 98.34, levels to watch include the 55-day SMA at 98.05, 96.49 (February 11), and 95.55 (January 27).\n\nInflation is commonly tracked as MoM and YoY changes, while core inflation strips out food and fuel and is often targeted near 2%. CPI tracks price changes in a basket of goods, and higher inflation can lead to higher rates, supporting a currency and raising the cost of holding gold.\n\nWith the US Dollar Index pushing towards the 100.00 mark, we are positioning for continued strength in the coming weeks. The ongoing flight to safety, driven by international tensions, provides a strong tailwind for the dollar. We see this trend continuing as long as these geopolitical risks remain elevated.\n\nThis bullish outlook is reinforced by fresh economic data showing Core PCE inflation remains stubborn at 2.9%, well above the Federal Reserve&#8217;s target. Consequently, the 10-year Treasury yield has climbed to 4.55%, making the dollar more attractive to hold. The market is now pricing in a much lower probability of a Fed rate cut before the third quarter, further supporting our view.\n\n<h3>Options And Futures Strategy<\/h3>\nFor options traders, the elevated uncertainty, reflected by the Cboe Volatility Index (VIX) holding near 18, makes buying call options on the dollar expensive. We should consider strategies like selling out-of-the-money puts on the DXY or using bull call spreads. This allows us to profit from the upward move while managing the high cost of premiums.\n\nThose trading futures should use the psychological 100.00 level as an initial target. A decisive break above this could see a quick move towards the November 2025 high of 100.39. We are placing protective stops below the critical 200-day moving average at 98.34 to manage downside risk.\n\nLooking at positioning data, we see that large speculators have increased their net long positions in the US dollar for the fourth consecutive week, according to the latest CFTC report. This confirms that the broader market sentiment aligns with our bullish stance. This momentum suggests that dips are likely to be bought quickly.\n\nThis dollar strength also informs our strategy in other currency pairs. We see opportunities in shorting pairs like the EUR\/USD, especially as recent European economic indicators have shown signs of softness. This provides another way to express our long-dollar view.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Dollar extends three-day rally above 99 on safe-haven demand, rising yields; eyes 100 resistance, key US data ahead.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30591","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30591"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}