FxWirePro: USD/DKK slumps below 6.300, outlook remains bearish
The Danish Krone rose, extending previous session gains as the greenback slumped across the board. The dollar index declined after President Donald Trump accused congressional Democrats of not wanting to negotiate over a…
The Danish Krone rose, extending previous session gains as the greenback slumped across the board.
The dollar index declined after President Donald Trump accused congressional Democrats of not wanting to negotiate over a U.S. coronavirus aid package.
USD/DKK is trading 0.5 percent lower at 6.2861, having hit high of 6.3596 on Wednesday, its highest since August 3.
Immediate resistance is located at 6.3540, close above could take it till 6.3791 (21-EMA).
On the downside, support is seen at 6.2690 and any break below will take it till 6.2510.
