US Dollar DXY Index Breaks 99.38 as EUR/USD and GBP/USD Extend Gains
The US dollar index DXY fell below 99.38, allowing major currencies like the euro and British pound to extend their recent gains against the greenback.
- The DXY index broke the 99.38 level.
- EUR/USD and GBP/USD extended their gains.
Sources
- Yahoo Finance — US Dollar Price Forecast: DXY Breaks 99.38 as EUR/USD and GBP/USD Extend Gain
- Yahoo Finance — Dollar softens as bond market steadies ahead of Fed minutes
- Yahoo Finance — US Dollar Price Forecast: DXY Near 99.38 as Fed Minutes and UK Inflation Loom; EUR/USD and GBP/USD Hold Firm
- Yahoo Finance — Dollar feeble as rate hike bets dwindle, Iran conflict in focus
- Yahoo Finance — Reduced Fed Rate Hike Expectations Undercut the Dollar