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FxWirePro: USD/DKK hits over 1-month peak as greenback gains following Fed policy meeting outcome

  • The Danish Krone plunged to an over 1-month low as the greenback rallied against a basket of currencies. 
     
  • The dollar index surged after the Federal Reserve kept interest rates near zero and said it expects the U.S. economic recovery from the coronavirus crisis to accelerate.  
     
  • USD/DKK is trading 0.2 percent higher at 6.3083, having hit high of 6.3380 earlier, its highest since August 12.
     
  • Immediate resistance is located at  6.3440, close above could take it till 6.3590. 
     
  • On the downside, support is seen at 6.2805 and any break below will take it till 6.2712. 
  • Market Data
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