The dollar edged lower in early European trading on Monday as traders remained cautious ahead of the release of key U.S. inflation data that could provide further clues about FBI policy. Future Federal Reserve System.
As of 3:20 a.m. ET (7:20 p.m. Japan time), the dollar index, which tracks the U.S. dollar against a basket of six other currencies, was down 0.1%...
Some basic support and resistance analysis followed by layering the fib retracement shows confluence between the charted lines based on recent price history from 2020. 100 being the down target and 108 being the possible up target.
If we get a drop down on the DXY I expect risk assets to continue another leg up. If we break through the upward resistance I expect...
