FxWirePro: USD/DKK extends decline, dip till 6.3063 likely
The Danish Krone surged, extending previous session gains as the greenback declined against a basket of currencies. The dollar index plunged amid growing expectations of a new U.S. stimulus package before Election Day. T…
The Danish Krone surged, extending previous session gains as the greenback declined against a basket of currencies.
The dollar index plunged amid growing expectations of a new U.S. stimulus package before Election Day.
The greenback against a basket of currencies traded 0.3 percent down at 93.39, having touched a high of 93.90 on Thursday, its highest since October 8.
USD/DKK is trading 0.4 percent lower at 6.3284, having hit high of 6.3675 on Thursday, its highest since September 30.
Immediate resistance is located at 6.3723, close above could take it till 6.3873.
On the downside, support is seen at 6.3063 and any break below will take it till 6.2913.
