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26 Feb 2020

US Dollar Index Price Analysis: Further downside could test 98.50/60

  • DXY briefly dropped below the 99.00 support on Tuesday.
  • Decent support is expected to emerge in the 98.50/60 band.

DXY tested the sub-99.00 area on Tuesday, recording at the same time fresh multi-day lows.

The corrective downside could extend to the 98.54/58 band, where coincide the November’s top and a Fibo retracement of the 2020 rally.

Looking at the broader picture, the dollar’s outlook remains constructive while above the 200-day SMA, today at 97.82.

DXY daily chart

 

Feb 26, 2020

EUR/JPY Price Analysis: Rebound now targets the 200-day SMA near 120.40

After bottoming out in so far weekly lows in the mid-119.00s, EUR/JPY has managed to grab some buying interest and retake the 120.00 mark and above. T
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Feb 26, 2020

The Netherlands: Pensions funds will change risk-free rate – Rabobank

The Dutch newspaper Telegraaf reported this morning that all parties involved in the pension reform discussion agreed on changing the risk-free rate t
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