US Dollar Index climbs toward 100.00 as inflation data looms

The US Dollar Index (DXY) continued its advance, rising for a third consecutive session to hover near the 100.00 handle. In Asian trading, the index was quoted around 99.90, underpinned by cautious positioning ahead of the US inflation report.

Market participants are focused on the consumer price data, which could shape Federal Reserve rate expectations and drive short-term dollar direction. The DXY tracks the greenback against a basket of six major currencies, including the euro, yen, and pound.

A sustained push above 100.00 may signal further momentum if the inflation print fuels hawkish repricing, though the data itself remains the immediate catalyst.