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"This reduces the flexibility of the US administration in pursuing expansionary fiscal policy to support growth," Deutsche ...
The US dollar index (DXY) has crashed hard in the past few weeks, erasing all gains made earlier this year and moving to its lowest level since July 2023. It has plunged by over 9.35% from its highest ...
The strength of the US dollar also supported ... area in the US dollar further supports the reversal. The 4-hour chart for EUR/USD shows the pair rebounding from a strong support region.
A broad trade-weighted measure of the dollar fell Friday to its lowest level since April 2022. The greenback is now down 10% ...
The daily chart for USD/CAD shows that the pair has broken out of an ascending channel and continues to exhibit strength due to US dollar momentum. However, the pair has encountered resistance at ...
The rotation from US to European stocks hugely contributed to EUR/USD strength, and signs that this driver is fading are reinforcing our bearish view on the pair heading into the second quarter.
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