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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The US Dollar Index (DXY) held steady at 99.58 as geopolitical risk premiums faded following a Middle East truce. According to reports, the greenback faced slight downward pressure on Tuesday as interest rates and Treasury yields in the United States drifted lower, limiting the currency's safe-haven appeal.
This stability follows recent economic data showing mixed inflationary signals, with the US annual CPI recorded at 4.2% on June 10, 2026, matching market expectations per market data. Meanwhile, peer currencies remained relatively stable as traders assessed the impact of global central bank policies, including the Bank of Canada’s (BoC) decision to hold rates at 2.25% earlier this month.
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Sign InLooking ahead, investors are watching technical support levels for the DXY near 99.50 (close June 16, 2026). Key catalysts include the OPEC Monthly Report and the Eurogroup meeting scheduled for June 11, 2026, alongside the European Central Bank (ECB) interest rate decision which could influence EURUSD dynamics.