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US Dollar Index: DXY traces firmer yields to poke two-week high near 101.50, US statistics eyed

From fxstreet.com

US Dollar Index (DXY) clings to the highest levels in two weeks, making rounds to 101.45-40 during the initial hours of Tuesday’s Asian session. In doing so, the greenback’s gauge versus the six major currencies seeks fresh to extend the five-day uptrend while waiting for the US CB Consumer Confidence for July and Wednesday’s Federal Open Market Committee (FOMC) monetary policy meeting announcements. That said, the DXY refreshed a multi-day high the previous day despite marking unimpressive data as the preliminary readings of the US S&P Global PMIs for July were comparatively better than other major economies ... (full story)

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