Dollar Index tests 50-day MA at 97.98 and 61.8% resistance after hawkish Fed minutes. Textbook bottom forming with 200-day MA breakout in sight.
GBP/USD has continued to slide. It has broken a key ascending trendline, potentially leading to a 470-pip decline. Read more ...
The U.S. Dollar weakens as risk assets rebound, labor data softens, and sellers keep control, signaling a potential short-term pullback for the DXY.
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