Breaking News

30 Sep 2024

The dollar loses its key psychological resistance level and falls below 100 points.

The U.S. dollar lost its key psychological resistance level today and is now trading below the 100-point mark against a basket of foreign currencies. Specifically, the U.S. Dollar Index is at 99.96 as of 12:25 PM Riyadh time. Traders are awaiting a speech by Federal Reserve Chairman Jerome Powell later in the session, ahead of the key employment report on Friday

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