The US Dollar Index (DXY) is trading positively around 99.65 during the Asian session on Monday, reflecting an upward drift above the 99.50 mark. This movement comes amid growing optimism that the ongoing US government shutdown may soon come to an end, providing a boost to investor sentiment towards the USD.
As the DXY strengthens, the exchange rate dynamics against major currency pairs, including the EUR/USD, are closely monitored. A resolution to the shutdown could enhance the dollar's stability and influence trading strategies, as traders reassess the implications for future monetary policy and economic outlook.
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Data Source: FX Killer Analysis Team Updated: 2025-11-10 05:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.