The greenback has shown renewed strength in recent sessions, with the US Dollar Index (DXY) surging over ten points to hit 98.8. This momentum reflects broader euro weakness against the dollar, as the EUR/USD exchange rate tumbled nearly 20 points, settling at 1.1685 according to ChainCatcher. The divergence underscores growing pressure on the single currency amid shifting market dynamics. With the dollar maintaining its upward trajectory against the euro, investors continue monitoring these critical forex movements closely.
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The greenback has shown renewed strength in recent sessions, with the US Dollar Index (DXY) surging over ten points to hit 98.8. This momentum reflects broader euro weakness against the dollar, as the EUR/USD exchange rate tumbled nearly 20 points, settling at 1.1685 according to ChainCatcher. The divergence underscores growing pressure on the single currency amid shifting market dynamics. With the dollar maintaining its upward trajectory against the euro, investors continue monitoring these critical forex movements closely.