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The dollar moved within a narrow range in Asian / early European session on Monday, but near-term picture remains bearishly aligned, weighed by Friday’s 0.3% drop and formation of bearish engulfing pattern on daily chart. Rising negative momentum adds to downside risk, though close within daily cloud (top lays at 104.65) and firm break of […]

The post Dollar Index outlook: Stands at the Back Foot Ahead of Key Economic Releases This Week appeared first on Action Forex.

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04/01/2024

Sunset Market Commentary

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