US Dollar Loses Ground as Fed Reprices Tightening Path Amid Banking Turmoil
The US dollar is like a rollercoaster these days, going up one minute and down the next. This week, it’s been tumbling down like…
Category
DXY
Dollar Weaker Against Counterparts Ahead of Fed Decision
As worries over the state of the American economy returned on Friday, the dollar (USD) dipped against a basket of foreign currencies ahead of…
Dollar Steady on Monday as Investors Monitor US Fed’s Line of Action
Following a brutal drop last week, the US dollar (USD) maintained its steady course on Monday as Federal Reserve Governor Christopher Waller stated that…
The US Dollar breaks with the previous 3 week lows
The US dollar just broke with the previous 3 week lows (yellow line) to retest the 92.00 level in the European trade session. …
Dollar Index Confronts Support Zone After a Downside Breakout
The dollar index finally resumed its medium-term downtrend from 102.99 last week and hit a low of 90.47. While the daily moving averages are…
USDCHF Sustains Upside Run Past 0.9000 Level as US Dollar Index Falls for the 3rd Day in a Row
USDCHF Price Analysis – February 23 USDCHF has been outperforming during the European session breaking the above-known barriers. The pair emerges from lows at…
DXY Bulls Relax Ahead of Market Events, FOMC and Q2 GDP
The DXY – dollar index fell in early Monday trading, weighed down by a surge in risky currencies, although it remains close to its…
Dollar Resumes Retreat on Tuesday as Omicron Fears Stalls Sell-Off
The US dollar maintained a bearish bias in the London session on Tuesday amid the growing market appetite for risk assets and currencies. The…
US Dollar Restricted in Sideways Bias as Trader Look Ahead to Powell’s Hearing
The US dollar index (DXY) maintained a sideways bias in the early trading session on Tuesday as traders remained on the sidelines ahead of…
