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fxJul 30, 2026, 7:51 AM

DXY Rebounds Near 101.00 as Bullish Bias Prevails

The US Dollar Index (DXY) recovers toward the 101.00 level, regaining ground after two days of declines. A bullish bias appears to be driving the move during European trading.

DXY

The US Dollar Index (DXY) rebounded to near 101.00 after posting losses over the prior two sessions. The move higher during European hours suggests renewed upward momentum.

The DXY measures the greenback against a basket of six major currencies, serving as a broad gauge of dollar strength. Today's recovery indicates a bullish bias remains in play.

Source: FXStreet Forex News