US Dollar Index tumbles to weekly lows near 108.00 ahead of Jackson Hole – by pabspiovano DollarIndex Currencies Majors
: Hard/soft/softish? landing of the US economy. Escalating geopolitical effervescence vs. Russia and China. Fed’s more aggressive rate path this year and 2023. US-China trade conflict.Now, the index is retreating 0.44% at 108.13 and faces the next support at 107.99 seconded by 106.21 and then 104.63 . On the upside, a break above 109.29 would aim for 109.77 and then 110.00 .
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