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Home Forex USD Index depreciates on dovish tone surrounding Fed’s rates trajectory, clings to 104.20

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USD Index depreciates on dovish tone surrounding Fed’s rates trajectory, clings to 104.20

globalreutersApril 4, 20241 Mins read43 Views

The US Dollar Index (DXY), which gauges the value of the US Dollar (USD) against the six major currencies, remains in the negative territory for the third successive day, hovering around 104.20 during the Asian trading hours on Thursday.

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USD Index depreciates on dovish tone surrounding Fed’s rates trajectory, clings to 104.20

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