U.S. Dollar Index Tests 200 Day Moving Average Amid Bearish Momentum Eyes Key Support at 103.42

DOLLAR INDEX (DXY) was down on Wednesday morning after testing the high level of $ 106.65 in the last trading session as The dollar index dropped about 0.8% to 104.8 on Wednesday, its lowest level in four months, as concerns grew over the economic impact of new tariffs on the US economy.

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