US Dollar Index Slips Below 104.00 Mark as Traders Look for New Catalysts

Friday, 23 February 2024, 05:17

The US Dollar Index (DXY) remains under the crucial 104.00 mark in early European trading, prompting anticipation among investors for potential market-moving events. Traders are carefully monitoring for fresh catalysts that could steer the greenback's direction in the near term.
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US Dollar Index Slips Below 104.00 Mark as Traders Look for New Catalysts

US Dollar Index Update

The US Dollar Index (DXY), which measures the USD against a basket of currencies, falls below the 104.00 level in early European trading hours on Friday. Market participants are eagerly awaiting potential catalysts that could impact the direction of the USD.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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