Dollar Index (DXY) plunge takes a breather – Is bottoming in sight?

The US dollar index (DXY) is having a reprieve today after six consecutive days of losses. The index is up by 0.15% as traders refocus on the FOMC meeting that will start later today. It is trading at 93.80, which is slightly higher than yesterday’s low of 93.50. FOMC meeting…

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