DX neutral

Flat of the dollar index

05 april 2022 104
Volkov_Anton
Volkov_Anton

Listed among the best MarketCheese authors
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3rd in the segment "US stocks"
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After establishing a biennial maximum of 99,4 the dollar index had suspended its growth and had entered flat. During the last month, the prices were moving from the upper limit of 99,4 to the low one of 97,65 and back.

 

Tomorrow the protocols of the last Fed session will be published. If the officers of the American regulator have toughened their rhetoric seriously, the dollar index can immediately move to the flat’s limit of 99,4. However, the breakdown of this level is likely to be delayed until the next Fed meeting on May 4.  

Volkov_Anton
Volkov_Anton

Listed among the best MarketCheese authors
1st in the segment "Currencies"
2nd in the segments "Indices" and "Metals"
3rd in the segment "US stocks"
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