The US Dollar snapped back higher on Tuesday to reverse prior session losses. Can the DXY Index overcome nearside technical resistance or will US Dollar bears throttle the Greenback lower?
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The US Dollar snapped back higher on Tuesday to reverse prior session losses. Can the DXY Index overcome nearside technical resistance or will US Dollar bears throttle the Greenback lower?
from DailyFX – Market News https://bit.ly/3tjZgHM
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Technology stocks and the Nasdaq 100 nosedived Tuesday as the Dow Jones and industrial-facing stocks inched higher. The disjointed price action reawakened discussion around a popular macro trade.
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With markets starting to digest the U.S. stimulus package as well as Europe’s PEPP program, it may be time for these two major currencies to begin to recover against the ZAR.
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Dogecoin (DOGE/USD) briefly pierced the $0.60 price level thanks to today's massive 30% gain that crippled Robinhood's platform. Ethereum is pulling back from its record and Bitcoin keeps lagging.
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New Zealand’s Employment report may keep NZD/USD confined within the March range as the fresh figures are anticipated to show a slowing recovery in the labor market.
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