Is the dollar bouncing back?

In recent trading the US dollar has bounced back against a wide range of currencies. The DXY index stopped short of hitting the 1998 lows and now appears to have stabilised. The dollar has pushed back euro, sterling and the Swiss franc from their recent peaks, and many chart patterns are showing some early signs of a possible reversal in the dollar’s decline. At a time when the Fed is going to cut interest rates again, possibly by as much as 50 basis points to just 0.75%, does it make sense

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: