The Greenback, when tracked by the US Dollar Index (DXY), abandons the area of monthly peaks and recedes toward the 101.30 zone on turnaround Tuesday. Despite the daily pullback, the index continues to trade well above its key 200-day SMA, keeping the short-term constructive outlook in place and allowing for extra advances down the road. Oil, yields and inflationCooling tensions in the Middle East have been collaborating with the severe pullback in crude oil prices. Next on tap is the API’s weekly release of US crude oil inventories ahead of Wednesday’s official data by the EIA. Technical viewIn the daily chart, the US Dollar Index trades at 101.29.