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Dollar index drops close to 98.55 as the GBP/USD and EUR/USD advance
The fall in the USD/JPY has since the previous update extended further on the downside and that has allowed both the EUR/USD and the GBP/USD to advance. The GBP/USD has now finally extended a move beyond 1.3659 and risen to 1.3675 a moment ago. That in turn has pushed the dollar index (USDX) very close to the low seen yesterday, at 98.55.
The low seen a moment ago was set at 98.56 and given the current price action we are not ruling out the index setting a fresh low on the week. The dollar index is right now at 98.59
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