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9.11. 10:34_DollarIndex_SHORT

DollarIndex Short. The almost zero interest rate in the US puts the US dollar under constant pressure. Last year, the FED cut a total of three base interest rate cuts, and this year, due to the Covid crisis, it cuts further to the current range of 0 to 0.25%. The Democrats’ victory could weaken the dollar slightly further. Technically, the market is in a slight downward trend, in the medium term it is supported by a wide trading range, which could break through.

Graph and table source: WebTrader


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