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The dollar index fell to one week low on Thursday, extending weakness into second consecutive day, after being pressured by dovish comments from Fed Chair Powell, while weaker than expected ADP private sector payrolls report further soured the sentiment. Fresh acceleration lower broke below daily Tenkan-sen and is pressuring pivotal supports at 105.00/104.90 zone (psychological […]

The post Dollar Index Outlook: Dollar Extends Weakness after Downbeat ADP Data appeared first on Action Forex.

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