The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
EUR/USD: forecast for April 17-21
The escalation of geopolitical tensions supports the euro as the funding currency. However, concerns about the outcome of French presidential election continued to limit the euro on the upside.
This is Forex trading plan for Thursday, May 24…
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.
Last week was highly positive for the US dollar, so, it managed to end the Friday’s trading above 93.50.