The dollar index, after one year, again below the 100.00

The dollar index, after one year, again below the 100.00 Last Friday, the dollar index fell below the EMA50 moving average and thus started this week’s retreat. Dollar index chart analysis Last Friday, the dollar index fell below the EMA50 moving average and thus started this week’s retreat. From 103.10 levels, the dollar fell this morning to 99.57 levels. At the beginning of the EU session, the index manages to consolidate and initiate a short recovery. For now, we need a break above the 100.00 level if we want to see a continuation of the dollar’s recovery. Potential higher targets are 100.50 and 101.00 levels. We need a negative consolidation and a new visit to the previous low for a bearish option. I then push the breakout below to form a new low and start a bearish decline. Potential lower targets are 99.50 and 99.00 levels. The major economic news affecting the US dollar this week was the report that inflation eased to 3.0%. This kind of news tells us that the FED is on the right track to lower inflation below 2.0% and that there should be no interest rate hike at the next FED meeting. It seems that the interest rate’s current size is sufficient to affect inflation positively. The post The dollar index, after one year, again below the 100.00 appeared first on FinanceBrokerage. [Image] Here are Some More Investing Tips and Resources. Enjoy! Sponsored [Wavy Tunnel PRO 2023 Trading and Mentorship Program Click Here to Check Out Jody's Curriculum and Bonuses... Join Now!]( [The dollar index, after one year, again below the 100.00](?site=Id=231628&Email={EMAIL}) The dollar index, after one year, again below the 100.00 Last Friday, the dollar index fell below the EMA50 moving average and thus started this week’s retreat. Dollar index chart analysis Last Friday, the dollar index fell below the EMA50 moving average and thus started this week’s retreat. From 103.10 levels, the dollar fell this morning to 99.57 levels. At the beginning of the EU session, the index manages to consolidate and initiate a short recovery. For now, we need a break above the 100.00 level if we want to see a continuation of the dollar’s recovery. Potential higher targets are 100.50 and 101.00 levels. We need a negative consolidation and a new visit to the previous low for a bearish option. I then push the breakout below to form a new low and start a bearish decline. Potential lower targets are 99.50 and 99.00 levels. The major economic news affecting the US dollar this week was the report that inflation eased to 3.0%. This kind of news tells us that the FED is on the right track to lower inflation below 2.0% and that there should be no interest rate hike at the next FED meeting. It seems that the interest rate’s current size is sufficient to affect inflation positively. The post The dollar index, after one year, again below the 100.00 appeared first on FinanceBrokerage. [Continue Reading...](?site=Id=231628&Email={EMAIL}) [The dollar index, after one year, again below the 100.00]( And, in case you missed it: - [USDCHF and USDJPY: USDCHF retreated below the 0.86000](?site=Id=231628&Email={EMAIL}) - [Bitcoin and Ethereum: Bitcoin jumped to $31800 yesterday](?site=Id=231628&Email={EMAIL}) - [Gold and silver: the price of gold yesterday above $1960](?site=Id=231628&Email={EMAIL}) - [EURUSD and GBPUSD: EURUSD is rising above the 1.12000](?site=Id=231628&Email={EMAIL}) - [Ruble Continues to Weaken, Negative Scenarios Loom](?site=Id=231628&Email={EMAIL}) - FREE OR LOW COST INVESTING RESOURCES - [i]( [i]( [i]( [i]( Sponsored [You Can’t Escape Inflation So Profit From It Here]( “Inflation is bad” – yeah we all get it. There’s nothing you can do to stop it though. If you can’t beat ‘em – join ‘em. That means learning to leverage inflation to build your wealth instead of devaluing it. [Claim Your Copy Of Our Research Report FREE]( By clicking this link you are subscribing to Conservative Investor News’s Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( - CLICK THE IMAGE BELOW FOR MORE INFORMATION - [i]( Good Investing! T. D. Thompson Founder & CEO [ProfitableInvestingTips.com]() ProfitableInvestingTips.com is an informational website for men and women who want to discover investing and trading products and strategies to educate themselves about the risks and benefits of investing and investing-related products. DISCLAIMER: Use of this Publisher's email, website and content, is subject to the Privacy Policy and Terms of Use published on Publisher's Website. Content marked as "sponsored" may be third party advertisements and are not endorsed or warranted by our staff or company. The content in our emails is for informational or entertainment use, and is not a substitute for professional advice. Always check with a qualified professional regarding investing and trading guidance. Be sure to do your own careful research before taking action based on anything you find in this content. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Net Wealth Consultants 6614 La Mora Drive Houston, Texas 77083 United States (888) 983-9123