USD Index Outlook: Fading Haven Demand Deflates Dollar Across the Board

<p>The dollar index accelerated lower in early US trading on Monday, down 0.5% since opening in Asia, as the greenback’s haven appeal fades. Renewed optimism about swift recovery, despite persisting fears of the second wave of coronavirus, boosted demand for riskier assets and deflated dollar. Fresh weakness pressures pivotal supports at 96.92/89 (Fibo 38.2% of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/305328-usd-index-outlook-fading-haven-demand-deflates-dollar-across-the-board/">USD Index Outlook: Fading Haven Demand Deflates Dollar Across the Board</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>