The U.S. Dollar Index trades flat at 102.30, struggling to breach the 102.50 resistance level even after Fed Governor Waller advocated for additional interest rate hikes.
The Dollar Index remained flat near 102.30 after Fed Governor Waller called for more rate hikes without specifying a timeline.
The U.S. Dollar Index remains range-bound near 102.30, failing to break past the 102.50 resistance level despite hawkish commentary from Federal Reserve Governor Christopher Waller. The index has maintained this narrow trading corridor since October 1, reflecting market caution regarding the central bank's future policy timeline.
The index is currently trading near 102.30, remaining within a range it has occupied since October 1, with a significant resistance level identified at 102.50.