The USD decreased later, but will recover after the Fed raises i
Data released last week raised hopes that the Fed could begin easing monetary conditions sooner than expected after the job market slowed and price inflation showed signs of cooling. Lower interest rates put downward pressure on the dollar and bond yields, increasing the appeal of non-interest-bearing bullion.
The decline in the DXY index paused last week. Last week, this index sometimes fell to its lowest level and has rebounded from that mark. Although developments over the past week are bringing some positive signs for the USD, in the long term, the greenback's upward momentum is still weak. Therefore, any recovery in the near term will be short-lived and it is likely that the USD can only rise to a certain threshold.
The decline in the DXY index paused last week. Last week, this index sometimes fell to its lowest level and has rebounded from that mark. Although developments over the past week are bringing some positive signs for the USD, in the long term, the greenback's upward momentum is still weak. Therefore, any recovery in the near term will be short-lived and it is likely that the USD can only rise to a certain threshold.
הערה:
We will continue the price fluctuations today
הערה:
Unemployment Claims news tonight
הערה:
The market doesn't seem to fluctuate much
הערה:
DXY is gradually recovering from the decline
הערה:
Bank holiday bull market
הערה:
We have PMI news tonight
Free Signals : t.me/mastercurrencyforex
