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US Dollar Index Price Forecast: Technical setup favours further gains above 100

The US Dollar Index (DXY) climbs to a fresh seven-week high on Friday, supported by the Federal Reserve’s (Fed) hawkish interest rate hike on Wednesday. At the time of writing, the index trades around 100.40 and is on track to register a weekly gain of more than 1%.

US Dollar Index Price Forecast: Technical setup favours further gains above 100

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Congress approves second ‘Fiscal Innocence’ law to attract stashed dollars

The changes add tax benefits and ease rules in an attempt to get Argentines to bring their savings into the formal economy La entrada Congress approves second ‘Fiscal Innocence’ law to attract stashed…

  • Senate approves Fiscal Innocence II law to attract hidden Argentine dollars
  • Modifications include tax benefits and fewer restrictions than original law
  • Law aims to boost Argentina's economic growth by increasing savings accessibility

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