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🚧💵Dollar Index Faces Support, Nears 2022 Lows: Cable FX Macro

Writer: Rosbel DuránRosbel Durán
  • The dollar has dropped around 9.5% from its peak, a measure of the greenback, the Cable FX Macro Dollar Index is now testing support near last year lows

  • The level also coincides with a 50% fib retracement level of the rally that started early 2022

  • So far in January, the Australian dollar leads gains in the G10, followed by sterling and the kiwi. NOK is the only currency to post losses vs the dollar this month


 
 

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