The US Dollar Index has entered a declining phase, marking its ninth consecutive slide. Concerns over Fed policies, inflation pressures, and political uncertainties contribute to this trend. Despite these obstacles, GBP/USD and EUR/USD retain bullish structures, hinting at potential resilience in the forex markets. Traders are focusing on upcoming PMI data, which could heavily influence dollar dynamics. As the market prepares for important economic indicators, the US dollar’s fate remains uncertain amid these challenges, warranting close monitoring from investors.