The US dollar continues upward momentum as markets await Friday’s September CPI report. US-China trade tensions persist, and EU-China discussions on rare earth exports add uncertainty. Persistent inflation may keep the Fed from cutting rates, supporting the dollar.
Key Levels: Support at $98.265 | Resistance at $99.340
Investor Takeaway: Dollar shows strong upside momentum; a sustained move above $99.34 could open the way toward $100, while support near $98.27 is key for maintaining the bullish trend.
