Key Highlights Bitcoin price started a fresh increase and traded to a new all-time high above $75,000. BTC surpassed a major bearish trend line with resistance at $69,200 on the 4-hour chart. Gold prices dipped sharply below the $2,720 support zone. EUR/USD took a U-turn and traded below the 1.0760 support after Trump’s win. Bitcoin […]
While Trump’s rise to power is widely seen as a positive for the dollar, the dollar index hit a one-month low on Monday as it continues to rebound from the Fed’s latest softening tone and inflation slowdown. The impact of Trump’s policies on the dollar is largely based on the experience of his previous presidential […]
The post A Clearer Shape of a Long-Term Dollar Decline appeared first on Action Forex.
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