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.
This content is for informational purposes only and is not intended to be investing advice.
