US Dollar Forecast: Bullish Bias Intact Ahead Of FOMC, Hawkish Guidance To Boost DXY
June 11, 2022 at 18:59 PM EDT
The US Dollar Index (DXY) rallied this past week, jumping almost 2% and breaking above the 104.00 handle, bolstered by soaring US government rates. Yields have risen sharply in recent days, but the upswing was particularly large on Friday.