Andriy Moraru
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Dollar Index Lower After Touching 100

US dollar index is slightly lower on the day, falling back after touching 100. The US dollar index hit a high not seen since April 2003, rallying as the greenback is seen as the most viable currency in the world. Right now, the dollar is lower against its counterparts, due in large part to profit taking. However, analysts think that the dollar’s rally isn’t over yet, and there is more strength to go.

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Posted on Forex News.