Dollar Index traded at 100.361 this Friday May 9th, decreasing 0.279 or 0.28 percent since the previous trading session. Looking back, over the last four weeks, DXY lost 0.50 percent. Over the last 12 months, its price fell by 4.69 percent. Looking ahead, we forecast Dollar Index to be pr...
Forex Today: Light data releases in China and Europe come to the fore ByPablo Piovano|57 minutes ago US Dollar Index approaches 100 as Taiwan Dollar surge triggers spillover, Bessent words ByPatricio Martín|18:32 GMT US Dollar sees April's ISM Services data save the day ...
Contrarily, a close below the 50-day SMA suggests that the index may remain range-bound between 6,128 and 5,853 for a few days. US Dollar Index price analysis The US Dollar Index (DXY) has been gradually dropping toward solid support at 105.42, which is likely to attract buyers. DX...
TheDollar Indextoday exhibits a slight downtrend, decreasing by 0.08% to settle at 103.233, underscoring subtle yet present market apprehensions. Situated marginally below its pivot point at 103.288, the index currently navigates a narrow trading range. It faces immediate resistance at 103.428, with...
NEW YORK (June 26) Gold prices remain under pressure this morning as rising US yields and a stronger US Dollar weigh on the precious metal. It appears as though the US inflation release (PCE Data) on Friday has market participants cautious as they await
GBP/USD Price Chart – Source: Tradingview TheGBP/USDpair edges higher, currently at 1.26563, with a pivot point set at 1.26610, marking the threshold for trend direction. Resistance levels are identified at 1.27256, 1.27634, and 1.28024, challenging any upward momentum. ...
The US dollar Index (DXY) soared and closed above the crucial overhead resistance of 108 on Dec. 18, but the bulls could not sustain the breakout. DXY daily chart. Source: Cointelegraph/TradingView Sellers pulled the price back below 108 on Dec. 20 but are struggling to keep the pri...
Watch today’s Weekly Forex Forecast to see exactly how I’m trading these markets. The DXY tested a significant level this week at 109.53. It’s a level I’ve had on my chart for months, as it marks the weekly imbalance from October 2022. However, I’m not convinced this is the ...
US Dollar Index was -0.4% last wk but signaled a series of higher-lows throughout the week and moves toBullish TRADEtoday. I don’t have to know if markets are “definitely” moving to a#Quad4 in Q4 USA vs. #Quad2 in Q4 Chinasetup either. I just have to keep moving as both the...
notably from a stronger USD and increased pessimism over the trade deal negotiations between the UK and EU. The dollar index (DXY) reversed most of its losses from Friday on the back of stronger than expected US manufacturing data. A risk-on mood is being felt in today's trading activity ...