Dollar index
DXY’s Next Support Level: 99.50, a Short-Term Pullback Target
The DXY Index reached a high of 100.72 on Friday, close to the December low of 100.62, but above the July 2023 low of 99.58 due to expectations of a
Dollar hitting its yearly low as traders bet for rate cuts FED
The dollar fell to its lowest level since the year’s beginning on Tuesday, as investors prepared for the Federal Reserve to begin cutting interest rates and the August sell-off that
Dollar in Distress: Currency Faces Challenges so far this Week, All Eyes On Powell’s Speech
In view of the fact that Fed Chair Powell is scheduled to make an appearance soon, market watchers are preparing themselves for additional difficulties for the dollar. In spite of
US Data Brightens Outlook: Dollar Steadies as Recession Worries Ease
After its largest one-day gain against major rivals in four weeks, the dollar was hovering near a two-week high against the yen on Friday as solid U.S. economic data virtually