The dollar rose and targeted the 103.500 area after the issuance of positive data today (unemployment), which gave positivity to the dollar. Currently, the dollar is at the aforementioned area. If stability is established above the 103.500 area, we will see the 104.000/104.500 areas.
In the event of stability, the 102,500 area will be resolved, and we will see the areas of 102,000/101,500. We should not forget tomorrow the speech of the US Federal Reserve Chairman, Jerome Powell. There will be a strong movement in the markets in terms of statements related to interest decisions, while the Federal Reserve has reduced interest rate increases by a quarter. After moving interest rates over the past year by up to three-quarters of a point at a time, officials continue to debate whether interest rates have risen as needed to quell inflation, and they’ll have ongoing debates about how long interest rates should stay high.
