Friday, October 16, 2026

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FxWirePro: USD/DKK hits 2-1/2 month low, outlook remains bearish

The Danish Krone surged to a new 2-1/2 month peak as the greenback slumped to a multi-week trough. The dollar index plunged as protesters flooded the streets in the United States over the death of George Floyd in police …

By FxWirePro Team
1 min read
FxWirePro: USD/DKK hits 2-1/2 month low, outlook remains bearish
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  • The Danish Krone surged to a new 2-1/2 month peak as the greenback slumped to a multi-week trough.
     
  • The dollar index plunged as protesters flooded the streets in the United States over the death of George Floyd in police custody.
     
  • USD/DKK is trading 0.2 percent down at 6.7002, having hit low of 6.6820 earlier, its lowest since March 16.
     
  • Immediate resistance is located at  6.7194, close above could take it till 6.7296. 
     
  • On the downside, support is seen at 6.6950, and any break below will take it till 6.6815. 

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