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FxWirePro: USD/DKK rebounds from 1-week low as greenback nudges higher

The Danish Krone eased after rising to a 1-week peak in the prior session as the greenback nudged up against a basket of currencies. The dollar index gained as money markets tempered hopes of a rapid global economic reco…

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FxWirePro: USD/DKK rebounds from 1-week low as greenback nudges higher
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  • The Danish Krone eased after rising to a 1-week peak in the prior session as the greenback nudged up against a basket of currencies. 
     
  • The dollar index gained as money markets tempered hopes of a rapid global economic recovery.
     
  • USD/DKK is trading 0.05 percent up at 6.5930, having hit low of 6.5672 on Tuesday, its lowest since June 16.
     
  • Immediate resistance is located at  6.6331 (5-DMA), close above could take it till 6.6434 (21-DMA). 
     
  • On the downside, support is seen at 6.5669 and any break below will take it till 6.5534. 

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