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Indonesia News Portal for Traders | Financial & Business Updates

27 March 2025 04:36  |

US Dollar holds ground after mid-tier data

The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is holding near the 104.30 zone during Wednesday’s session.

A better than expected print in February’s Durable Goods Orders, coupled with hawkish rhetoric from Fed officials, is helping the Greenback edge higher. However, momentum indicators remain conflicted, hinting at a still fragile upside.

Source: FXstreet

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