DXY: US dollar index on track for its best month since April

The US dollar index (DXY) is on track to end its first month in the green since April. The index is trading at $94.09, which is the highest it has been since July. Fundamental analysis: Why the dollar rose in September The US dollar index rose in September partly because of the rising geopolitical risks between the US and China. During the month, Donald Trump announced that the US would ban TikTok and WeChat from the country. As this happened, some American companies like Microsoft and Oracle announced their interest in acquiring the company. At the same time, the US