US Dollar Index: The 101.00-101.50 area could represent the bottom of the correction – ING DollarIndex Banks
stays on the back foot. Nonetheless, economists at ING expect DXY to find support in the 101.00/50 region.“We think that the USD long-squeeze may add some extra pressure to the greenback in the coming days, but we see a higher probability this week that the dollar will find some stability or show signs of rebounding given the still supportive monetary and growth outlook for the US.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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