36 days ago • Posted by Paul de La Baume

Dollar Index hovers around bottom of support zone #trading $DXY #forex

The dollar has faced heavy selling pressure in light of weaker economic data, but still it is not showing the US economy to be in a recession, and thus the dollar is finding buyers around current levels. While it seems to soon to expect continued strength in the greenback, it is also too soon to call the end of it.