![This Week: USDInd to break out of its recent downtrend?](/s3-static/2024-06/usdindex_1.jpg)
USD index
![USDInd softens after stellar start to 2024](/s3-static/Charts/48180328_s.jpg)
04 JAN
11:09
USDInd softens after stellar start to 2024
After enjoying its best start to a calendar year since 1997, the US Dollar index was resisted around its 21-day simple moving average (SMA) and the top of a bear channel. This week's major events may determine whether the greenback's 2024 rebound can carry on.