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USDX: hawkish triumph and path to new peaks
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See also: InstaForex trading indicators for USDX. The US dollar index (USDX) continues a confident ascent, holding above the psychologically important 101.00 level during Tuesday trading and consolidating near 13-month highs above 101.20. The principal catalyst for this rally was a hawkish signal from the Federal Reserve and rising expectations of rate increases in 2026. This week, traders are focused on PMI business activity data and, above all, the Fed's preferred inflation gauge — the personal consumption expenditures (PCE) price index —
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Jurij Tolin,
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