Dollar Index Recovery May Fade as Sellers Return

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Dollar Index Recovery May Fade as Sellers ReturnUS Dollar IndexPEPPERSTONE:USDXasgharphulpotoAfter a short-term rebound, the Dollar Index is approaching a key area where selling pressure could return. Softer economic expectations and growing confidence that the Federal Reserve may ease policy later this year continue to weigh on the US dollar. If buyers fail to sustain the recovery, the index could resume its broader downward trend, keeping the sell side in focus.