The dollar remained weak on Thursday amid policy uncertainty, though supportive comments from the White House and European officials offered some respite. Investors interpreted the Federal Reserve’s cautious tone on inflation and the labor market to mean interest rates could stay higher for longer. The euro traded just below $1.20 after breaking that key level on the dollar’s decline.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.