US Dollar Crashes Below 200-Day EMA to 99.50 on August 17 as Fed Rate-Hike Odds Fade, Hormuz Risk Escalates, and US-Japan Currency Intervention Takes Effect
According to FinanceFeeds data, the US Dollar Index (DXY) fell below its 200-day Exponential Moving Average near 99.50 on August 17, driven by three converging factors. First, softer domestic economic reports—including retail sales contraction and cooling Consumer Price Index and Producer Price Inde
USIDX-0.23%
GateNews·08-17 18:22
