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Market News
US Dollar Index Price Analysis: Overbought RSI probes DXY bulls near three-month top

US Dollar Index Price Analysis: Overbought RSI probes DXY bulls near three-month top

DXY bulls take a breather all through a four-day uptrend, close to early April tops. 23.6% Fibonacci retracement guards immediately upside, three-week-old aid line will become the key. Bulls continue to be hopeful past 200-DMA,…

Market News
USD/CNY fix: 6.4709 vs the prior 6.460

USD/CNY fix: 6.4709 vs the prior 6.460

In the current exchange today, the People’s Bank of China (PBOC) set the yuan (CNY) reference charge at 6.4709 vs the prior 6.4601. About the fix China keeps strict manipulate of the yuan’s fee on…

Market News
US dollar dynamics and Fed speak in focus for near-term trading impetus

US dollar dynamics and Fed speak in focus for near-term trading impetus

“Gold is benefiting from the risk-averse market conditions, thanks to the renewed concerns about coronavirus restrictions in Asia. A foremost covid outbreak haunts Taiwan and Singapore whilst India and Japan war with rising instances and…