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USD rises to yearly highs near 102.50 despite fading Fed hike odds

The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve's (Fed) rate path.

Original · FXStreet AI summary of public reporting

Why: EUR weakness drives DXY to yearly highs

EUR
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Prices since publication

At publication → Current
EUR1.121 → 1.12−0.0%
USD rises to yearly highs near 102.50 despite fading Fed hike odds | SignalHub