The dollar holds in red for the third consecutive day, weighed by escalation of US-China trade conflict and recent dovish remarks from Fed chair Powell that add to strong expectations for two Fed rate cuts by the end of the year. Pullback from a multiweek highs (99.22/29) where larger bulls from new 2025 low (95.82) […]

The post Dollar Index: Pullback Faces Headwinds from Important Technical Support appeared first on Action Forex.