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fxJun 25, 2026, 7:30 AM

US Dollar Index Holds Above 101.50 Ahead of US PCE Inflation Data

The US Dollar Index (DXY) traded around 101.60 on Friday, extending its winning streak for a fourth consecutive day as markets await the release of US PCE inflation data.

DXY

The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, held above the 101.50 level during European trading hours on Friday. The index has risen for four straight sessions, reaching approximately 101.60.

Traders are now focusing on the upcoming US Personal Consumption Expenditures (PCE) price index report, a key inflation gauge closely watched by the Federal Reserve. The data could influence expectations for the central bank's next policy move.

Source: FXStreet Forex News