Covid shock recovery since mid-May, with the SP Index trimming the loss from mid-February to 7.5%, on the back of a more.
Source: NetDania Notify, Symbol: Forex – US Dollar Index. 12-05:00 GMT. NetDania.
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EUR/USD shows strength in the early day although the pair faces resistance from an area that triggered a notable turn in late.
DXY US Dollar Currency Index .DXY:Exchange. Real Time Quote | Exchange | USD.
EUR/USD rallied to an over four-week high at 1.1145 then closed the weekly candlestick in the green with a 2.5% gain. This week, the Relative Strength Index (RSI) climbed and remained in overbought.
Looking at active major pairs today, the USD/CHF fell 68 pips to 0.9508. Key resistance on an intraday chart has been identified at around the 0.9545 level. The pair remains under pressure as the USD.
The dollar index rose above 97.0 against a basket of currencies on Friday after gaining nearly 1% in the previous session, as investors turned to safe havens.
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Changes in the U.S. Dollar Index are a major catalyst for changes in live gold prices.