Jason Goepfert

9-23-2020 at 5:32 pm

Daily Report : The dollar ends its medium-term downtrend amid sour sentiment

The U.S. dollar closed above its 50-day moving average for the first time since May. Positive momentum has been hard for the dollar to hold, however, and over the next 1-3 months, the dollar showed a negative return almost every time after ending similar streaks.

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