HomeInvestingTechnical AnalysisU.S. Dollar Testing Key Retracement Level & Other Currencies

U.S. Dollar Testing Key Retracement Level & Other Currencies

I think the U.S. dollar is testing a key retracement level at 103.45, says Marc Chandler after a recent sell-off in the dollar. He adds that the market is very aggressive in pricing in Fed easing next year, with almost four rate cuts. Marc and Ben also discuss global economies and how they could affect the U.S. The market is expecting the ECB to also cut rates next year. Tune into the Schwab Network for more of today's top stories.

Futures

20 Nov 2023

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