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DXY Index Weakens as US Dollar has Mixed Fortunes Before PCE Data. Will it Recover?

US DOLLAR, CHF/JPY, CRUDE OIL, OMICRON, CHINA, US DATA - TALKING POINTS: The US Dollar tumbled back inside key range as sentiment lifted. Encouraging Omicron study results lifted commodities and associated currencies. Equities moved higher ahead of US data. Will USD resume its uptrend? The US Dollar weakened against commodities and commodity-linked currencies while it fared better against the defensive Japanese Yen. With risk currencies appreciating, an unusual m


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