![Embraer Doubles Down on KC-390 Production as Global Orders Surge]](https://i1.wp.com/breakingdefense.com/wp-content/uploads/sites/13/2025/09/embraer-kc390-flags-scaled-e1758296166298.jpg?w=1024&resize=1024,1024&ssl=1 "Embraer Doubles Down on KC-390 Production as Global Orders Surge]")
The dollar extended its rally into a second consecutive day, reaching a high not seen in over a year on Thursday.
A hawkish stance from the Federal Reserve on Wednesday fueled this momentum, as indications of a potential rate hike by the end of 2026 counterbalance negative signals arising from renewed peace prospects between the United States and Iran, which agreed to progress toward ending hostilities.
Wednesday’s near‑1% gain was the largest single‑day rise since mid‑March, closing above the psychological 100 level and extending beyond the previous 2026 peak. The index is on course for a second close above 100, reinforcing bullish sentiment.
Steady bullish technical patterns bolster the dollar’s broader uptrend, with key targets at 101.67— the upper edge of the bull channel and the 101 zone derived from the 100‑period moving average and the 38.2% Fibonacci retracement of the larger 110.00/95.35 downtrend.
The breach of the 100 level has turned it into solid support, alongside the 99.75 10‑day moving average, which should help shield the index from sharper declines.
Resistance levels: 100.58; 100.82; 100.94; 101.22
Support levels: 100.00; 99.75; 99.45; 99.30
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