US Dollar Index Rises to 97.83 as Euro and Pound Slip

The U.S. dollar index (DXY) jumped 15 points to 97.83, pressuring the euro and pound in short-term forex trading.Dollar Strengthens in Short-Term MoveAccording to ChainCatcher, the U.S. dollar index climbed to 97.83 in a quick 15-point rise, signaling renewed demand for the greenback.Euro and Pound Under PressureThe euro fell 19 points, and the British pound dropped 17 points as the dollar gained ground, highlighting short-term weakness in European currencies.