U.S. Dollar Index Surges After FOMC, Here’s The Move

The U.S. Dollar Index (DXY) has caught a major bid to the upside after the FOMC announcement yesterday. The DXY just crossed above the 200-day moving average indicating near term strength. This will not go straight up in a straight line, but the momentum indicates a move to around the $94.00 level in the coming months.

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