US Dollar Price Forecast: DXY Nears $101 Ahead of FOMC Meeting Minutes — Can GBP/USD and EUR/USD Recover?

Policy and growth divergence across major economies bolstered the US Dollar ahead of today’s FOMC meeting minutes as DXY traded at $101. EUR/USD held blue trendline support at $1.1418 and GBP/USD tested resistance at $1.3360. Latest technical outlook for major pairs.

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