US Dollar (DXY) Outlook: Inching Towards a Fresh Three-Month High Ahead of Important Data Releases
July 16, 2021 at 08:41 AM EDT
The US dollar basket (DXY) continues to edge higher, aided in part by a slightly weaker Euro, and is now pressing against a series of recent highs between 92.77 and 92.84, despite Fed Chair Jerome Powell’s dovish rhetoric.