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

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-09-23 at 17:32:02 CST

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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