Dollar Despite negative data for the dollar, the rise did not stop as it targeted the resistance area of 103.100 as it strengthened the dollar today. The hawkish comments by the Federal Reserve policy makers this week indicate that the US central bank can still raise interest rates again, of course there is the issue of the outstanding debt ceiling Biden also warned that the lack of a deal is likely to push the US economy into recession, but it will also have a very negative impact on the world level, and therefore the dollar is gaining a safe haven status. Below 102,500, we will see areas of 102,000/101,700. We also have important data tomorrow, namely (unemployment claims and home sales, which will have a strong impact on the markets). We cannot forget that (Jerome Powell, Chairman of the Federal Reserve) stated that the issue of interest is related to the data that will be issued during the coming period.
Dollar index analysis
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