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US Dollar Forecast: DXY Holds 101.04 as EUR/USD and GBP/USD Test Key Levels Before Fed Minutes

By FXCOINZ Editorial

2 hours ago

The US Dollar Index held near 101.04 ahead of the FOMC meeting minutes, with traders watching whether the Fed signals continued caution on inflation. EUR/USD defended 1.1418 while GBP/USD hovered around 1.3360 as policy divergence between the Fed, ECB and BoE kept major pairs in focus.