The Greenback rallies ahead of the last important data point for this week. US yields sunk lower after attempting to soar back to 5% on Thursday. The
US Dollar Index is set to lock in a fresh weekly gain. The US Dollar had a wild ride again on Thursday as the European Central Bank turned out to be a non-event. Rather the wild ride in the US equity markets thereafter made the US Dollar Index pull back. The sell-off in US equities, with the Nasdaq leading the decline, saw investors flee to safe havens such as US bonds. On the economic data front the focal point this Friday is the Personal Consumption Expenditures Index.
88 did not do a good job supporting any downturn and now completely has lost its importance. Instead, look for 105.12, which is a pivotal historic line and almost falls in line with the 55-day Simple Moving Average to keep the DXY above 105.00, and which worked already quite ahead of it on Tuesday. Should this level fail to do the trick, a big air pocket could develop and see the DXY drop to 103.74, near the 100-day SMA, before finding ample support.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Japanese Yen slides lower against US Dollar as risk flows support the GreenbackThe Japanese Yen (JPY) yo-yos in a wide range versus the US Dollar (USD) on Thursday, as numerous factors impact the pair, from increasing tensions on
Weiterlesen »
Australian Dollar drops to a yearly low on upbeat US DollarThe Australian Dollar (AUD) extends losses for the second session, trading around all-time lows against the US Dollar (USD) on Thursday. The AUD/USD p
Weiterlesen »
Australian Dollar gains ground on the correction of US DollarThe Australian Dollar (AUD) rebounds from the yearly lows, extending gains for the second successive day on Friday. The pair recovers on the back of t
Weiterlesen »
AUD/USD skidding towards 0.6300 as Aussie rolls over against GreenbackThe AUD/USD hit an early high of 0.6399 on Wednesday, falling just shy of the 0.6400 handle before the Aussie (USD) went into a full reversal, sending
Weiterlesen »
US Dollar edges up in macro-driven trading dayThe US Dollar (USD) keeps churning higher this week after having a small and brief retreat on Monday. The biggest catalyst for this recovery is the bo
Weiterlesen »
Feds: Threats to Jews, Muslims, and Arabs spike since Hamas attackRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
Weiterlesen »