The U.S. Dollar Is Set for More Downside

The U.S. Dollar Is Set for More Downside

What are the charts telling us? After posting a “double top” in the 103 area, the U.S. Dollar Index broke 17-year trendline support when it closed below 92 on Nov. 27. My work projects further weakness toward the 85 area.
December 7, 2020 0 Comments
Dollar weakening expected to last into 2021 as risky bets remain

Dollar weakening expected to last into 2021 as risky bets remain

BENGALURU (Reuters) - The dollar's weakening is likely to last at least another six months as investors continue to shift to risky assets and higher returns, a Reuters poll of currency strategists found.
December 4, 2020 0 Comments

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