Wednesday, February 18, 2026 at 2:27 PM
The DXY dollar index extended gains after U.S. durable goods orders exceeded expectations.
The dollar rose against a basket of currencies as it continues to get support from the scaling back of interest-rate cut expectations.
The dollar rose to a near two-week high, but its gains after better-than-expected U.S. economic data and the Federal Reserve’s meeting minutes probably won’t last, MUFG Bank said.
Treasury yields rose after delayed durable goods data surprised on the upside.
The yen strengthened against other G-10 and Asian currencies.
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