DXY : USD will decline after many strong fluctuations.

6 mag

The DXY index fell sharply last week, reaching its lowest level since April 10. This sell-off mainly stemmed from a decrease in US government bond yields after the Fed's somewhat "dovish" statement and weaker-than-expected employment data. Accordingly, DXY fell nearly 1%. However, the weekend session saw a rather strong withdrawal, somewhat narrowing the downward momentum. Accordingly, the major currency pairs also have similar fluctuations.