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USD Price Outlook: US Dollar Oscillates in Effort to Form Support 2020-12-14 22:30:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD PRICE ACTION EYES KEY CATALYSTS FOR VOLATILITY USD price action whipsawed Monday as weakness waned throughout the trading session The DXY Index inked fresh two-year lows on an intraday basis in spite of technical support US Dollar volatility in focus amid Brexit, stimulus talks, covid, FOMC decision and PMI data Advertisement The US Dollar endured a turbulent trading session Wed...

US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY Index.

USD price action traded mixed throughout Wednesday with the DXY Index gaining a mere 0.1% on balance as the US Dollar strengthened against the Euro but weakened relative to the Pound Sterling.