USD Index Price Analysis: Next on the upside comes 108.00

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USD Index Price Analysis: Next on the upside comes 108.00
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DXY picks up extra pace and surpasses the 107.00 barrier for the first time since November 2022. The continuation of the rally could prompt the index

The continuation of the rally could prompt the index to now challenge the weekly peak at 107.99 , closely followed by the round level of 108.00.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD dropped to a fresh 2023-low near 1.0450 on Tuesday before staging a modest rebound. After the data from the US showed that the number of job openings rose unexpectedly in August, the US Dollar extended its rally and caused the pair to turn south in the American session.GBP/USD fell sharply to the 1.

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