US Dollar Index hovers near fresh 25-month highs, 108.50, PCE Inflation awaited – FXStreet

The dollar index previously hit 108.49, the highest since November 2022. The US dollar rose as the Federal Reserve emphasized caution on its policy outlook. U.S. gross domestic product (annualized) reported growth of 3.1% in the third quarter, beating expectations for a 2.8% increase. The US Dollar Index (DXY), which measures the value of the […]