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US Dollar Index Price Outlook: Approaches 23.6% Fibo./weekly low beneath 101.00

US Dollar Index remains under 97.00 after China called for limits on Treasury holdings

The dollar index (DXY), which measures the dollar against a selection of currencies, continued to decline from the previous day’s range of 101.25-101.30, triggering additional selling on Thursday. It reached a new weekly low during early trading in Europe, currently sitting around 100.90, down over 0.15% for the day. Looking at the technical aspects, the […]