FxWirePro: USD/DKK hits over 1-month peak as greenback gains following Fed policy meeting outcome
The Danish Krone plunged to an over 1-month low as the greenback rallied against a basket of currencies. The dollar index surged after the Federal Reserve kept interest rates near zero and said it expects the U.S. econom…
The Danish Krone plunged to an over 1-month low as the greenback rallied against a basket of currencies.
The dollar index surged after the Federal Reserve kept interest rates near zero and said it expects the U.S. economic recovery from the coronavirus crisis to accelerate.
USD/DKK is trading 0.2 percent higher at 6.3083, having hit high of 6.3380 earlier, its highest since August 12.
Immediate resistance is located at 6.3440, close above could take it till 6.3590.
On the downside, support is seen at 6.2805 and any break below will take it till 6.2712.
