US Dollar Index (DXY) Price Forecast: Bounces Off 50% Fibo. on Iran Tensions, Hawkish Fed

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains some positive traction on Friday and reverses a part of the previous day’s sharp retracement slide from a three-week high – level just above the 99.00 mark.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains some positive traction on Friday and reverses a part of the previous day’s sharp retracement slide from a three-week high – level just above the 99.00 mark.