Search investingLive
Home
DXY shows first sign of pullback since Fed's hawkish shift last week

DXY shows first sign of pullback since Fed's hawkish shift last week

News
Giles Coghlan
21/06/2021 | 08:21 GMT

Retracement

Finally the USD is showing some signs of weakness. 91.40 is key support as USD buyers should step in anticipation that tapering is coming more quickly now. USD still a buy on dips, but not worth chasing at these elevated levels.

Retracement

Most Popular

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access
View more

OneFunded taps cTrader for prop traders; 90% profit splits offered. Funding up to $100K.

Finance Magnates
3m ago

Govt shutdown costs hotels $650M+! Travel sector faces booking woes & economic uncertainty. Traders watch consumer confidence.

Business Insider
13m ago

SK's 52-hr week strains deep tech R&D; 70% willing to work more for pay. Global rivals push harder.

TechCrunch
26m ago

Crude jumps $2+ on sanctions; Asia dips, Nikkei sheds 1.3% on stimulus fears. Netflix profit miss weighs.

Associated Press Finance
1h ago

Paxos accidentally minted $300T PayPal stablecoins, highlighting blockchain transparency but raising regulatory questions for its banking charter bid.

decrypt
1h ago

China's consumption share of GDP at 40% needs a 10% boost to 50% in a decade. Analysts watch for policy shifts.

Bloomberg
1h ago

BYND's 600% surge cools; meme rally fizzles, but some see gains continuing. Traders eye volatility.

Wall Street Journal
1h ago
investingLive Premium
Telegram Community
Gain Access

Top Brokers

Sponsored

General Risk Warning

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2025 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}