US Dollar Forecast: June US Inflation Data Could Reinforce DXY’s Bullish Momentum
July 09, 2022 at 13:59 PM EDT
The US dollar, as measured by the DXY index, had another strong week, rising more than 1.7% to close near 107.00, one of its best levels since late 2012. While bullish momentum may be overextended, the broader outlook remains constructive.