USD Index Struggles To Hold Trend Ahead Of FOMC, GBP Looks Higher

USD Index Struggles To Hold Trend Ahead Of FOMC, GBP Looks Higher

  • Posted Friday, April 20, 2012 -
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The greenback threatened its bullish trend on Friday as the Dow Jones-FXCM U.S. Dollar Index tumbled to a fresh weekly low of 9,913, but the reserve currency may snap back going into May should the Fed continue to soften its dovish tone for monetary policy.view original article