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Dollar touches highest level in more than a year. Why this latest rally might be overdone.

Economy MarketWatch By Frances Yue 18 Jun 2026 21:14 1 min read
Dollar touches highest level in more than a year. Why this latest rally might be overdone.

The U.S. dollar headed Thursday for its highest close in more than a year, as investors continued to digest the Federal Reserve’s Wednesday meeting, which revived the possibility of further interest-rate increases.

The U.S. dollar headed Thursday for its highest close in more than a year, as investors continued to digest the Federal Reserve’s Wednesday meeting, which revived the possibility of further interest-rate increases.

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