$USDC Current Trend: The U.S. Dollar Index (DXY) is trading around 100.2, remaining near a two-month high after gaining support from geopolitical uncertainty and expectations that the U.S. Federal Reserve will keep interest rates relatively firm. �

Trading Economics +1$USDC

Bullish Factors:

Safe-haven demand due to global tensions.

Stronger-than-expected U.S. economic data and persistent inflation pressures.

Markets expect the Fed to stay cautious on rate cuts. �

Reuters +1

Key Levels to Watch:

Support: 99.5 – 99.8

Resistance: 100.6 – 101.0

A sustained move above 101 could strengthen the bullish outlook, while a drop below 99.5 may signal short-term weakness. �$USDC

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