Market participants widely believe the 98-level could act as the ceiling for the index, which officially publishes on a weekly and monthly basis. The dollar rose to its highest level in almost two months versus major peers after the Fed brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a long-standing reference that the crisis was weighing on the economy. By midday, it was changing hands at 6.4220, 251 pips weaker than the previous late session close. Suggestions from two Fed officials that a period of high inflation in the United States may last longer than anticipated lifted the greenback on Wednesday. By midday, the global dollar index fell to 91.397 from the previous close of 91.406, while the offshore yuan was trading at 6.426 per dollar.
The dollar was up to 129.512  euros.
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The dollar was up to 129.512 euros .
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