Tag: Asia FX
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Asia FX Talk: USD Faces a Pivotal Juncture as DXY Slips
USD under Pressure and a Technically Key Zone The broad U.S. dollar index (DXY) has remained under downward pressure in recent sessions, slipping below the 98.00 handle. Traders and analysts see the current level as more than a passing blot on the chart—it’s a technically pivotal zone where the next moves could set the tone…
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Asia FX Talk: USD at a Pivotal Juncture as DXY Dips Below 98
Overview: USD’s Break Below a Key Level The US dollar has moved under renewed selling pressure, with the broad US dollar index (DXY) slipping below the 98.00 handle. This level has long been watched by traders as a technical line in the sand, and the latest move suggests the dollar may be entering a more…
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Asia FX Talk: USD at a Pivotal Juncture as DXY Eyes Key Support
Overview: USD Under Pressure as DXY Stalls Near a Major Level The Asia-focused currency debate is intensifying as the broad US dollar index (DXY) continues to trade under downward pressure. After slipping below the 98.00 handle, the DXY now sits in a technically pivotal zone. Traders and policymakers are watching closely: a further move lower…