US Dollar Index: Bears remain in control below 102.00 By pabspiovano DollarIndex Currencies Majors
: Powell’s “softish” landing… what does that mean? Escalating geopolitical effervescence vs. Russia and China. Fed’s more aggressive rate path this year and 2023. US-China trade conflict. Future of Biden’s Build Back Better plan.Now, the index is retreating 0.08% at 101.55 and faces the next support at 101.38 followed by 101.11 and then 99.81 . On the other hand, the breakout of 105.00 would open the door to 105.63 and finally 106.00 .
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