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Everyone wanted a sweet piece of the Dollar today as panic surrounding the coronavirus outbreak boosted appetite for the world’s most liquid currency.Stress in the markets for Dollar funding outside of the United States lifted the Dollar Index as money managers and businesses scrambled for a slice amid the darkening economic outlook. With the Greenback marching higher despite the Federal Reserve going all out on lowering interest rates, it is safe to say that bulls remain in the driving seat.Looking at the technical picture, the Dollar Index is heavily bullish on the daily timeframe.... Read More
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