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USD index (USDX) hands back some earlier session gains as the EUR/USD reclaims 1.1100
Earlier today. despite the drop towards 143.50 in the USD/JPY, the dollar index (USDX) managed to rebound back above the 101 handle. That is because of the fall back in the EUR/USD and the GBP/USD, to a lesser degree too. Those moves allowed the Dollar index to recover above 101 and rise to a high so far at 101.22. It is off that high now though, as both the GBP/USD and the EUR/USD rebound from their earlier lows. The rebound in the USD index today came from a new 2024 low reached last week, at 101.21. The index is just now tracking back close to the 101 handle again
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