US Dollar Outlook: USD Breakdown Fizzles into 2021 Open- DXY Levels
The Dollar sell-off extended into the yearly open with the index stalling into long-term downtrend support. Here are the levels that matter on the DXY technical chart.
The Dollar sell-off extended into the yearly open with the index stalling into long-term downtrend support. Here are the levels that matter on the DXY technical chart.
To find a period commensurate with current conditions, you may have to look at the post-Global Financial Crisis period in 2009.
The US Dollar may be setting the stage to attempt comebacks against the Singapore Dollar, New Taiwan Dollar and Thai Baht. Will the Indonesian Rupiah hold its ground around key support?