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DXY climbs back above 100 and is closing in on a new 4-month high | Deepscope News
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 March 13, 2026 10:24 PM  seekingalpha.com Positive

DXY climbs back above 100 and is closing in on a new 4-month high

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The U.S. dollar strengthened further on Friday, with the U.S. Dollar Index (DXY [https://seekingalpha.com/symbol/DXY]) climbing roughly 0.5% and reclaiming the key psychological threshold of 100.

The index now trades near 100.21, marking its highest level in nearly four months and reflecting renewed momentum in the greenback.

Friday’s advance places the dollar at its strongest point since November 21, underscoring a steady rebound from its year-to-date low of 95.55 recorded on back on January 27. Since that trough, the index has gained approximately 4.8%, highlighting a sustained shift in currency markets toward a firmer U.S. dollar.

Technical indicators also point to strengthening momentum. The DXY is now trading comfortably above its 50-day, 100-day, and 200-day moving averages, levels closely watched by market participants to gauge longer-term trend direction.

The move higher signals growing demand for the dollar amid evolving macroeconomic conditions and global market developments. As the currency continues to hold above key technical thresholds, traders will be watching whether the index can maintain its position above the 100 level and extend the rally in the sessions ahead.

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