DXY climbs back above 100 and is closing in on a new 4-month high

The U.S. Dollar Index (DXY) climbed roughly 0.5% to about 100.21, reclaiming the key psychological 100 level and reaching its highest level in nearly four months. The move signals renewed dollar strength and may exert pressure on FX-exposed assets, commodity prices and emerging-market currencies.

Analysis

The U.S. Dollar Index (DXY) climbed roughly 0.5% to about 100.21, reclaiming the key psychological 100 level and reaching its highest level in nearly four months. The move signals renewed dollar strength and may exert pressure on FX-exposed assets, commodity prices and emerging-market currencies.