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Add as a preferred source on Google FxWirePro: USD/DKK steadies near 6.6000, intraday bias bullish The Danish Krone eased, reversing some of its previous session losses as the dollar rallied across the board. The greenback surged after the U.S. Federal Reserve widened its program of buying corporate debt to combat the…
By FxWirePro Team Jun 16, 2020, 12:56 PM UTC
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The Danish Krone eased, reversing some of its previous session losses as the dollar rallied across the board.
The greenback surged after the U.S. Federal Reserve widened its program of buying corporate debt to combat the financial toll of the pandemic.
USD/DKK is trading 0.2 percent up at 6.5974 having hit high of 6.6492 on Friday, its highest since June 4.
Immediate resistance is located at 6.6169, close above could take it till 6.6410.
On the downside, support is seen at 6.5495 and any break below will take it till 6.5260.
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