US Dollar Index Price Forecast: Remains bearish near 103.50 despite recent recovery

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, attracts some buyers to around 103.50 during the early European session on Wednesday.
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Pound Sterling trades with caution against US Dollar as Fed policy takes centre stage

The Pound Sterling (GBP) struggles to extend the rally above the key level of 1.3000 against the US Dollar (USD) in European trading hours on Wednesday.
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