The Dollar Index is retreating from Thursday’s highs, moving against the logic of fundamental forces. This behaviour begs the question: either the Dollar Index has reached the limits of its range, or this is an extended shake-out of positions after a prolonged rally. The DXY rallied to 106.99 last Thursday, almost repeating the October 2023 […]

The post Temporary Dollar Dip or Intrinsic Euro Strength? appeared first on Action Forex.