Earlier, the index rose to a two-week high of 102.61which according to analysts was probably due in part to the repositioning of operations for the end of the month. The dollar also traded just above key technical supports against all major currencies, including the euro.
Meanwhile, the euro gained 0.21% on the day to $1.0867, after falling earlier in the day to a session low of $1.0802.
Data published on Tuesday showed that the euro zone achieved growth in the last three months of 2022.managing to avoid a recession even as high energy costs, declining confidence and rising interest rates weighed on the economy, in an environment that is likely to persist into this year.
On Wednesday, the Federal Reserve will set interest rates, and on Thursday the European Central Bank (ECB) and the Bank of England (BoE). During the Asian session, currencies struggled to find their way, with the euro down against the dollar in early European trade, down 0.41% to $1.081.
The euro rose more than 0.8% in the month and approached a nine-month highafter falling energy prices gave the euro zone economy a breather.
Source: Ambito
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