DXY

The US Dollar Index (DXY) fell from its weekly peak of 105.10 on Wednesday following the slightly tightening comments of the Federal Reserve (Fed) policymakers. It fell for the third day in a row around 104.247. Today's attention for the DXY will be on the Unemployment Claims data to be released. According to the FedWatch tool, the probability of a rate cut by June, which was 70%, is currently priced at around 65%. Technically, in the short term, the 200-Day Moving Average range of 104.080-103.850 stands out as a support zone. If this range is dropped below, the pullback to the 50-Day Moving Average level of 103.570 may continue. On the rise, the 100-Day Moving Average levels of 104.450-104.880 can be followed as resistance points. Support: 104,080-103,850 Resistance: 104,450-104,880