The US Dollar Index, which measures the buck vs. its main rivals, is now accelerating the upside to the area of 98.30, daily tops. The index has gathered extra traction today following auspicious results from the Philly Fed Manufacturing Index and Existing Home Sales. On the not-so-bright side, Initial Claims have risen more than initially estimated during last week. USD picked up momentum following the press conference by Mario Draghi at today’s ECB meeting. The index resumed its upside after Draghi stressed the Council have not ruled out any tapering of the current QE programme, while he reiterated the central bank remains ready to ease further in order to spur inflation in the region. Looking ahead, NY Fed W.Dudley (permanent voter, neutral) is due to speak ahead of tomorrow’s speeches by D.Tarullo (permanent voter, hawkish) and San Francisco Fed J.Williams (2018 voter, neutral). The index is up 0.29% at 98.21 and a break above 98.59 (high Mar.3) would aim for 99.95 (high Jan.21) and then 100.60 (high Dec.3). On the other hand, the next support aligns at 97.47 (low Oct.12) followed by 96.66 (20-day sma) and finally 95.87 (200-day sma).