DXY: US Dollar Index Prediction Ahead of Fed Decision
The US dollar index (DXY) is tilting higher ahead of the upcoming interest rate decision by the Federal Reserve. The index is trading at $96.43, which is a few points…
US Dollar Index (DXY) Analysis Ahead of GDP and Jackson Hole Summit
The US dollar index (DXY) has been under pressure this week as the heightened Delta variant risks eased. The index is trading around 93, which is a bit lower than…
DXY Analysis: US Dollar Index Forms an Impressive Classic Bullish Pattern
The US dollar index (DXY) is in an upward trend after it crashed on Friday due to the weak consumer confidence data. The index rose from last week’s low at…
DXY Weakness and the Volatility From China: Market Sentiment and Price Action Analysis
The market sentiments have been mixed lately. The US dollar – a classic safe haven, slipped, with DXY losing 0.88% last week. Although the major risk-on commodity, crude oil, is…