U.S. Dollar Index gains ground as traders stay focused on President Trump’s attempt to fire Fed’s Cook, who refused to resign.
In case U.S. Dollar Index manages to settle above the 98.50 level, it will head towards the nearest resistance level, which is located in the 99.20 – 99.40 range.
USD/CAD faced strong resistance in the 1.3845 – 1.3860 range and pulled back towards the 1.3820 level. Other commodity-related currencies were mixed in today’s trading session.
A move below 1.3820 will open the way to the test of the support level at 1.3735 – 1.3750.
