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This article explains why the US dollar index (DXY) has crashed in the past few days, and why Morgan Stanley expects more downside ahead.
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DXY Index: Chart shows the US Dollar Index crash is not over yetThe US Dollar Index (DXY ... China has also hinted that it was ready to negotiate. The daily chart reveals that the DXY Index has bounced back after tumbling to a low of $97.94 last month.
As the Dollar Index flirts with the key 61.8% Fibonacci level, global currency markets respond ... are pivotal in shaping the pair’s momentum. EUR/USD chart implies that a sustained move ...
Much may depend on average hourly earnings and PCE Price Index data that will be released on Friday, and possibly also GDP data earlier in the week. The EUR/USD currency pair rose last week to ...
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