Thursday, October 15, 2026

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FxWirePro: USD/DKK halts 4-day losing streak, struggles to break below 6.5000

The Danish Krone eased, retreating from an over 4-month peak recorded in the prior session as the greenback rebounded from recent lows. The dollar index strengthened as investors focused on poor Chinese retail sales inst…

By FxWirePro Team
1 min read
FxWirePro: USD/DKK halts 4-day losing streak, struggles to break below 6.5000
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  • The Danish Krone eased, retreating from an over 4-month peak recorded in the prior session as the greenback rebounded from recent lows. 
     
  • The dollar index strengthened as investors focused on poor Chinese retail sales instead of its stronger than expected economic growth last quarter. 
     
  • USD/DKK is trading 0.2 up at 6.5348, having hit low of 6.5023 on Thursday, its lowest since March 9.
     
  • Immediate resistance is located at  6.5631 (7-EMA), close above could take it till 6.5738. 
     
  • On the downside, support is seen at 6.4994 and any break below will take it till 6.4906 

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