India

2025-03-11 11:52

Industryhow determine dollar trend in the forex market
#FedRateCutAffectsDollarTrend To determine the U.S. dollar trend in the forex market, consider these key factors: 1. DXY (U.S. Dollar Index) – If DXY is rising, the dollar is strengthening; if falling, it’s weakening. 2. Interest Rates & Fed Policy – Higher rates strengthen the dollar; lower rates weaken it. 3. Economic Data – Strong GDP, employment, and inflation push the dollar up; weak data pulls it down. 4. Risk Sentiment – In risk-off environments (crises, recessions), the dollar strengthens as a safe-haven asset. 5. Supply & Demand – Higher demand for USD in trade, investment, or as a reserve currency supports its uptrend. 6. Technical Analysis – Check key support/resistance levels, moving averages, and trendlines on USD pairs.
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how determine dollar trend in the forex market
India | 2025-03-11 11:52
#FedRateCutAffectsDollarTrend To determine the U.S. dollar trend in the forex market, consider these key factors: 1. DXY (U.S. Dollar Index) – If DXY is rising, the dollar is strengthening; if falling, it’s weakening. 2. Interest Rates & Fed Policy – Higher rates strengthen the dollar; lower rates weaken it. 3. Economic Data – Strong GDP, employment, and inflation push the dollar up; weak data pulls it down. 4. Risk Sentiment – In risk-off environments (crises, recessions), the dollar strengthens as a safe-haven asset. 5. Supply & Demand – Higher demand for USD in trade, investment, or as a reserve currency supports its uptrend. 6. Technical Analysis – Check key support/resistance levels, moving averages, and trendlines on USD pairs.
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