AnalysisIndicesDollar Index (DXY) Analysis

Dollar Index (DXY) Analysis

The dollar climbed to a new peak, its highest level in two months, which is India, at the level of 103.800, and US Treasury bond yields also rose, through important statements from the Federal Reserve that reinforce expectations of the Federal Reserve continuing to raise interest rates in light of the ongoing battle against inflation. There is also an obstruction in the issue of the debt ceiling, which determines the direction The dollar in the coming days, currently, the dollar is a component of an upward trend, and it is at the aforementioned area. If it is stable above it, we will see areas of 104,000/104,300, but if it is stable below the 103,500 area, we will see areas of 103,000/102,700. Of course, tomorrow we have important data, which is the unemployment rate, which will have an impact.

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