🚀 Momentum is bullish, but the index is overbought: DXY news from OCBC The US dollar (USD) continues to rise amid rising government bond yields. The US Dollar Index (DXY) is currently set at 104.26. 📈 OCBC analysts Francis Chung and Christopher Wong noted that recent US data, including durable goods orders and economic sentiment data from the University of Michigan, were stronger than expected.