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The GBP is the strongest and the USD is the weakest as the NA session begins

The GBP is the strongest and the USD is the weakest as the NA session begins. The USD is lower this week as we work toward the exit for the weekend.

The DXY hit a cycle high of 105.359 on Monday and also stalled near a swing area (see red number circles in the chart below) before correcting in an up and down trading range into today. That swing area comes between 105.359 in 105.631. Thefalling 100 day moving average (blue line in the chart below) is now between that swing area increas... Read More

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Posted: Mar 3 2023, 13:13

Author Name: forexlive

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