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Add as a preferred source on Google FxWirePro: USD/DKK hovers 1-1/2 week trough, struggles to jump above 6.3000 The Danish Krone nudged higher, extending gains for the fourth straight session, as the greenback slumped against a basket of currencies. The dollar index fell amid growing expectations of further monetary easing by the …
By FxWirePro Team Sep 14, 2020, 7:39 AM UTC
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The Danish Krone nudged higher, extending gains for the fourth straight session, as the greenback slumped against a basket of currencies.
The dollar index fell amid growing expectations of further monetary easing by the Federal Reserve at its two-day policy meeting.
USD/DKK is trading 0.1 percent lower at 6.2754, having hit low of 6.2435 on Thursday, its lowest since September 2.
Immediate resistance is located at 6.2978 (21-EMA), close above could take it till 6.3160.
On the downside, support is seen at 6.2583 and any break below will take it till 6.2404.
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