The Dollar Index falls below 99, facing downside risk to 98.50, while EUR/USD requires a sustained move above 1.1700 to regain strength.
The Dollar Index has dropped below 99, extending its bearish trend with resistance at 99.40 and potential downside toward 98.50. Analysts note the index remains vulnerable unless it reclaims key levels.
EUR/USD needs a sustained break above 1.1700 to shift momentum higher, according to market assessments. The pair has struggled to maintain upward traction amid broader USD weakness.
No immediate market reaction was specified, but traders are monitoring these technical thresholds for directional cues.