US Dollar Index Outlook: Dollar Regains Traction after Shallow Post-Fed Dip

The dollar regained traction in early Thursday’s trading after post-Fed’s 0.9% drop was contained by rising 10DMA, signaling that weakness is likely to be short-lived and dips to offer better buying opportunities for robust dollar. In a widely expected action, the US central bank raised its benchmark rate by 50 basis points and showed readiness […]

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