The U.S. dollar index remains below the 100 level, consolidating at the low end of its bearish range for 2025. Despite making lower highs and lows, the index has shown higher lows and highs since September. Inflation pressures above 3% persist, prompting another 25 basis point rate cut in October. Gold has overtaken the euro as the second most widely used currency, rallying 59% in 2025. With trade deals and lower U.S. rates, the dollar index could see further declines. Technical support lies at 89.20, with the UDN ETF tracking the dollar index’s downside movement effectively.

Read more at Yahoo Finance: Why Is the Dollar Index Stuck in Neutral?