MARKETS09:04 UTC14h ago 1 min readSource: FXStreet

US Dollar Index inches higher above 98.00 despite risk-on mood

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US Dollar Index inches higher above 98.00 despite risk-on mood
Image via FXStreet

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, halts its losing streak that began on April 6 and is trading around 98.20 during the European hours on Thursday.

AI Executive Brief
  • / The US Dollar Index (DXY) increased above 98.00 on Thursday.
  • / This upward movement interrupts a losing streak that began on April 6.
  • / Despite a positive market sentiment, the USD gained value against six major currencies.

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