Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRich AsplundTue, June 23, 2026 at 4:35 PM GMT+2 5 min readPile of money with hands by Sergey Nazarov via iStockThe dollar index (DXY00) climbed to a 13-month high today and is up by +0.33%. The dollar is finding support from today's plunge in equity markets, which is boosting liquidity demand for the dollar. The dollar also has carryover support from last Wednesday, when the FOMC projected higher interest rates later this year. Today's US economic news was mixed for the dollar as the Jun S&P manufacturing PMI unexpectedly increased, but the Jun Richmond Fed manufacturing survey of current conditions fell more than expected.The US Jun S&P manufacturing PMI unexpectedly rose +0.6 to 55.7, stronger than expectations of a decline to 54.6 and the strongest pace of expansion in 4 years.More News from BarchartDollar Gains on Euro Weakness and Higher T-note Yields