{"id":8967,"date":"2021-05-25T14:26:00","date_gmt":"2021-05-25T13:26:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=8967"},"modified":"2021-05-26T01:26:56","modified_gmt":"2021-05-26T00:26:56","slug":"dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/","title":{"rendered":"DXY breaks through key support on its way to low 89.00s, more losses ahead?"},"content":{"rendered":"\n<p>The US Dollar Index (DXY) has reversed sharply from its March high in the mid-93.00s and recently fell under the February low in the 89.60s. Elevated inflation expectations combined with the Fed&#8217;s ongoing dovish stance are keeping real yields subdued and this is weighing on the dollar. As key support levels are cleared, the DXY looks likely to sustain further losses. Bears will be targeting multi-year lows just above 88.00.<\/p>\n\n\n\n<p>For more trading details, please check the hyperlinks with time stamp indicated from the video:<\/p>\n\n\n\n<p><a href=\"https:\/\/youtu.be\/4Fx26vY9PJY?t=15\">0:15<\/a>  <a href=\"https:\/\/bit.ly\/3eIXPz1\">US DOLLAR INDEX<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Dollar Index (DXY) has reversed sharply from its March high in the mid-93.00s and recently fell under the February low in the 89.60s. Elevated inflation expectations combined with the Fed&#8217;s ongoing dovish stance are keeping real yields subdued and this is weighing on the dollar. As key support levels are cleared, the DXY [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":[],"categories":[5],"tags":[42,67,40],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DXY breaks through key support on its way to low 89.00s, more losses ahead? - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DXY breaks through key support on its way to low 89.00s, more losses ahead?\" \/>\n<meta property=\"og:description\" content=\"The US Dollar Index (DXY) has reversed sharply from its March high in the mid-93.00s and recently fell under the February low in the 89.60s. Elevated inflation expectations combined with the Fed&#8217;s ongoing dovish stance are keeping real yields subdued and this is weighing on the dollar. As key support levels are cleared, the DXY [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-25T13:26:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-26T00:26:56+00:00\" \/>\n<meta name=\"author\" content=\"Joel Frank\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Frank\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/\"},\"author\":{\"name\":\"Joel Frank\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/ac77fbbe0e8ed23d3dce1372e3663b96\"},\"headline\":\"DXY breaks through key support on its way to low 89.00s, more losses ahead?\",\"datePublished\":\"2021-05-25T13:26:00+00:00\",\"dateModified\":\"2021-05-26T00:26:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Fed\",\"US Dollar\",\"US DOLLAR INDEX\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/\",\"url\":\"https:\/\/youtrading.com\/en\/dxy-breaks-through-key-support-on-its-way-to-low-89-00s-more-losses-ahead\/\",\"name\":\"DXY breaks through key support on its way to low 89.00s, more losses ahead? 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