Latest US Dollar Index News
USDCAD Bulls gained momentum but failed to sustain further after the U.S. Dollar Index fell to 100.00. USDCAD Bearish pressure may continue further
USDCNH Bullish rally may continue higher above 7.0580 area. After bouncing higher from 6.9020, Bulls pushed the price higher impulsively.
EURUSD consolidating near 1.0820 area may Bullish pressure sustain higher. It became volatile and corrective after the price bounced from 1.0640.
USDCAD is facing resistance at 1.4700 area and Bears may strike back. USDCAD gained up to 900+ pips very impulsively in just a week.
Gold is indecisive above $1450 area while Bulls are struggling to break higher. XAU became quite volatile and corrective after the price bounced from $1450.
AUDUSD pair has regained bullish momentum after bouncing from 0.55. Despite the recent Bearish pressure, the Bulls are currently trying to climb higher.
S&P 500 Bulls sustained above $2350 and may recover higher. The price dropped quite impulsively in just three weeks and now residing near Dec 2018's low.
The US dollar index has staged a dramatic reversal since the start of last week and has gained more than 5% from last Monday’s low.
EURUSD has established a bullish higher low at 1.112 due to weak US data. Here is the EURUSD Fundamental Analysis of 07 January, 2020.
GBPUSD struggles near weekly lows and Brexit uncertainty joins the broad USD recovery amid US-Iran tension. Here is the GBPUSD Fundamental Analysis of 03 January, 2020.