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    DXY Technical Analysis – Wedge Break Happening

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    Morning Brief – Trend of The Day

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    Mixed start to Asian equities following mostly downbeat lead from Wall Street

    Asian equities could trade choppy after mixed price action on Wall Street

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    EURUSD Technical Analysis – Tackling the 50-day MA

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US Dollar Index reaching the lowest point since April 2018

Ricardo Evangelista by Ricardo Evangelista
December 16, 2020
in Forex, Markets, Opinion
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The US Dollar is losing ground to other major currencies during early Wednesday trading, with the index that measures the performance of the greenback reaching the lowest point since April 2018. Investors are walking away from the safe-haven Dollar and embracing riskier assets, as hope of better days ahead continue to grow. The renewed optimism is driven by the prospect of more COVID vaccines being approved for use and a more stable political environment in Washington supporting hopes of an economic stimulus package being agreed.

Tags: coronavirus vaccineEur/Usdstimulus packageUS dollarUS Dollar index
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Ricardo Evangelista

Ricardo Evangelista

Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.

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DXY Technical Analysis – Wedge Break Happening

DXY Technical Analysis – Wedge Break Happening

by Nathan Batchelor
August 12, 2022
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The US dollar index has started to move under a large wedge pattern threatening a technical meltdown after...

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