The US Dollar index experienced a decline yesterday as markets resumed activity following the Christmas holiday. Recent U.S. economic data indicating a potential easing of inflation has reinforced speculation about a Federal Reserve rate cut next year, exerting downward pressure on the strength of the dollar. The dollar index has yet to find support and continues to edge lower, suggesting a bearish bias for the dollar. The RSI is on the brink of breaking into the oversold zone while the MACD continues to flow below the zero line, suggesting the bearish momentum remains strong. Resistance level: 102.60, 103.50 Support ... (full story)