DXY Holds Near 13-Month High Ahead of US PMI Release

The US Dollar Index remains steady at 101.00 as traders await June S&P Global PMI data for growth signals. The US Dollar Index (DXY) trades near 101.00, close to its 13-month high of 101.13 reached on June 19. The index reflects the USD's performance against six major curr

The US Dollar Index remains steady at 101.00 as traders await June S&P Global PMI data for growth signals.

The US Dollar Index (DXY) trades near 101.00, close to its 13-month high of 101.13 reached on June 19. The index reflects the USD’s performance against six major currencies amid cautious trading ahead of key economic data.

Market participants are focused on the upcoming S&P Global US Purchasing Managers Index (PMI) figures, which will provide insights into economic activity for June. The prior print and consensus expectations were not detailed, but PMIs are closely watched for indications of growth trends.

No immediate market reaction was reported, as traders remain positioned for the data release later in the session.

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