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fxJul 13, 2026, 2:19 AM

US Dollar Index Holds Above 101.00 on Middle East Tensions

The US Dollar Index (DXY) remained above 101.00 for a second consecutive day, trading near 101.10 during the Asian session, supported by heightened geopolitical tensions in the Middle East.

DXY

The US Dollar Index (DXY), which measures the greenback against six major currencies, extended its recent strength, holding above the 101.00 mark for the second straight day. During Asian trading on [current date], the index was quoted around 101.10.

The move is attributed to escalating Middle East tensions, which have boosted demand for safe-haven assets, particularly the US dollar. The DXY had previously dipped below 101.00 but has since recovered as investors seek refuge amid geopolitical uncertainty.

No further catalysts were mentioned in the report, but market participants remain focused on developments in the region for directional cues.

Source: FXStreet Forex News