The US Dollar Index slips after hitting an 11-week high of 100.57, trading around 100.30 in Asian hours.
The US Dollar Index (DXY) pulled back from its 11-week high of 100.57 reached in the prior session, trading near 100.30 during early Asian trade. The retreat follows a period of strength for the USD against a basket of six major currencies.
The index had climbed to its highest level since late April, supported by shifting expectations around US monetary policy. Market participants continue to assess the Federal Reserve’s potential rate path amid mixed economic data.
No immediate market reaction was reported, with focus remaining on upcoming US inflation and employment figures.