mehrullahbaloch454

Dollar is expected to Gain strength

TVC:DXY   U.S. Dollar Index
After Federal rate hike policy to counter the inflation dollar is continuously getting stronger. As in last policy rate meeting Federal reserve bank of United State have increased the interest rate by 75 Biases pint. Which increase the Dollar demand, we have seen dollar index fall in last Friday and Monday as well, but received support at their long trend line and bounce back. So both Fundamentals and technical supports a strong Dollars. If dollar get strong its opposites pair and Gold will remain bearish, and EURUSD, GBPUSD, GOLD wilL be in sale.

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