The Danish Krone consoldiated near a 2-week peak as the greenback declined against a basket of currencies. The dollar index steadied after tumbling to a 2-week trough earlier amid rising optimism that U.S. lawmakers coul…
The Danish Krone consoldiated near a 2-week peak as the greenback declined against a basket of currencies.
The dollar index steadied after tumbling to a 2-week trough earlier amid rising optimism that U.S. lawmakers could agree on new stimulus to blunt the economic impact of the coronavirus.
The greenback against a basket of currencies traded flat at 93.45, having touched a low of 93.34 earlier, its lowest since September 21.
USD/DKK is trading at 6.3141, having hit low of 6.3053 earlier, its lowest since September 21.
Immediate resistance is located at 6.3420 (7-EMA), close above could take it till 6.3598 (10-DMA).
On the downside, support is seen at 6.2921 and any break below will take it till 6.2840.
