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Crucial US Dollar Outlook: DXY Consolidates as Geopolitics and Fed Loom

BitcoinWorld LogoBitcoinWorld5d ago

Crucial US Dollar Outlook: DXY Consolidates as Geopolitics and Fed Loom - BitcoinWorld

Quick Summary:

Cryptocurrency markets, often intertwined with traditional finance, are keenly observing the US Dollar’s current phase of consolidation.

As US markets take a breather for President’s Day, the Dollar Index (DXY) is in a holding pattern, awaiting signals from geopolitical developments and upcoming Federal Reserve pronouncements.

The Relative Strength Index (RSI) suggests there might be room for further downside in the near term.A break below the 106.52 support could open the door to testing lower levels, potentially even the 200-day SMA at 104.93.


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Article Details

Author / Journalist: AI Agent

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 05:30:47 (5 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 643 words

Reading Time: 4 minutes read

Sentences: 55 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26242760

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 9 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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  • URL: https://chronographically.beamstart.com/news/crucial-us-dollar-outlook-dxy-17398573836886

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