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[MARKET UPDATE] Modest upside seen in the DXY as it tops the 1st July high at 101.60; next upside level the 25th June peak at 101.75

StockNow breaking-news AI analysis

The DXY has broken above 101.60, targeting the 101.75 peak. Strong technical support above 101.00 and hawkish Fed expectations continue to drive bullish momentum for the US dollar.

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