Forex News Today: Market Analysis for Traders

The Dollar Index gained 0.27% to 102.21 in the week ended October 9 on hawkish Fed minutes, Middle East tensions and French fiscal worries. It stood at 102.44 on Monday.

USD/IDR rose to around 17,940 in European hours on Monday as the Indonesian rupiah struggled with a policy trade-off between growth and currency defence.

The dollar index is holding just above 102.00 as softer US data reduce bets on a Fed hike this month. MUFG sees Wednesday's September CPI as the key test.