The dollar index came under pressure on fresh risk mode and weighed by recession fears amid Fed’s aggressive rate hike path that threatens of further slowdown of the economy. Fresh bears pressure last Friday’s two-week low (105.97) on renewed probe through pivotal Fibo support at 106.13 (38.2% retracement of 103.40/109.12 ascend) which repeatedly contained attacks […]
The post US Dollar Index: Recession Fears and Risk Mode Weigh on Dollar appeared first on Action Forex.
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