The US Dollar Index (DXY) is experiencing a rebound and is currently trading at 104.10, strengthening the Greenback against the six primary currencies. The rise in the value of the US Dollar (USD) can be attributed to moderate employment data in the United States, which has created a sense of caution among investors as they seek further indicators regarding inflation expectations.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.