Dollar Returns to Showing Rebound Signs

The U.S. Dollar (USD) is rising on Wednesday, after closing Tuesday on a lower note, and following the release of the consumer price index update.

The Dollar Index (DXY), which measures the greenback’s performance against a basket of six international rivals, is up by 0.31% at 90.37, noting that it closed Tuesday at 90.09.

The index has been moving today in a range between 89.92 and 90.38, starting in decline before turning to the positive territory.