The US Dollar Index has recently experienced intense volatility. Reports indicate that the DXY index faced significant short-term pressure, dropping over 20 points to the 96.9 level, hitting a recent low. Meanwhile, major currency pairs collectively rebounded and rose. The EUR/USD briefly rebounded over 20 points, currently at 1.1883. The GBP/USD rose 24 points in the short term, now at 1.369. The USD/JPY was the most volatile, initially falling to a low of 153.16, then rebounding slightly to 153.75. The recent decline in the US Dollar Index has driven non-dollar currencies higher, and market bullish sentiment has clearly increased.
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The US Dollar Index has recently experienced intense volatility. Reports indicate that the DXY index faced significant short-term pressure, dropping over 20 points to the 96.9 level, hitting a recent low. Meanwhile, major currency pairs collectively rebounded and rose. The EUR/USD briefly rebounded over 20 points, currently at 1.1883. The GBP/USD rose 24 points in the short term, now at 1.369. The USD/JPY was the most volatile, initially falling to a low of 153.16, then rebounding slightly to 153.75. The recent decline in the US Dollar Index has driven non-dollar currencies higher, and market bullish sentiment has clearly increased.