Dollar Rallies on Rising Yields; Yen and Pound Resilient Despite Policy Divergence

US Dollar Index struggles to break 103.4 resistance as rising yields bolster greenback. ECB hints at slower rate cut approach, weighing on EUR/USD.

USD/JPY climbs after Bank of Japan meeting, while Sterling holds strong vs dollar despite high UK inflation.

EUR/USD faces downside pressure below 1.0934, with support at 1.084 and resistance at 1.106.

USD/JPY upheld by 147.5 support, with BOJ policy potentially spurring rally to 154-158 range.

GBP/USD faces resistance at 1.27, with break above eyeing 1.23 support and 1.288-1.308 resistance zone.