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The Dollar Index (DXY) Is on a tear at the moment with its fourth successive week of gains. Will the rally continue given that the FOMC minutes and a barrage of resistance lie ahead?
Constellation Brands set its all-time intraday high of $273.44 on July 27, 2023.
Nifty down 0.5% in past week, support at 19,500-19,350, resistance at 19,800-19,850. JSW Steel, Indiacem, and Granules show bullish signs. AU Bank and Dixon face bearish signs.
US Dollar strength waned slightly on Friday after PCE data came in lower than expected. Will the ‘soft landing’ narrative weigh on the Dollar or Inspire a new leg to the upside?
Review these two charts before making a decision about buying Amazon.