ForexMedium•9 November 2026•
1 min read
US Dollar Index DXY Reverses as Global Risk Appetite Improves
Key Facts
1The US Dollar Index (DXY) extended its reversal below the 102.00 level as global market sentiment improved.
2Progress in Middle East peace negotiations and falling oil prices contributed to the downward pressure on the greenback.
The US Dollar Index DXY extended its reversal below the 102.00 level as global market sentiment improved. FXStreet reported that investors shifted away from safe-haven assets toward riskier currencies as market confidence grew.
Progress in Middle East peace negotiations and falling oil prices contributed to the downward pressure on the greenback. Oil prices reached two-month lows, reducing demand for the US dollar during sessions on November 9, 2026.