USD Index remains on the defensive near 109.50, focus on data, elections – by pabspiovano DollarIndex Currencies Majors
Republicans lead the race to the Senate by a marginal gap., which gauges the greenback vs. a bundle of its main rivals, extends the decline and revisits the 109.50/40 band on Wednesday.consecutive session and navigates an area las seen back in mid-September around 109.50, always against the backdrop of rising prudence ahead of the publication of US inflation figures and persistent appetite for the risk complex.
The downtick in the dollar, in addition, comes in tandem with the lack of traction in US yields across the curve., the weekly Mortgage Applications gauged by MBA are due along with Wholesale Inventories and speeches by NY Fed J.Williams and Richmond Fed T.Barkin .The dollar remains under heavy pressure amidst persistent risk-on mood and the continuation of the repricing of a Fed’s pivot in the relatively short term.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
US Dollar Appears Increasingly Vulnerable: USD/SGD, USD/THB, USD/IDR, USD/PHPThe US Dollar continues to weaken against ASEAN currencies. The Singapore Dollar and Thai Baht appear the most bullish, followed by the Philippine Peso. USD/IDR remains tilted higher. Get your market update from ddubrovskyFX here:
Weiterlesen »
Trading Support and Resistance \u2013 AUD/USD, EUR/USD, GBP/USDThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Weiterlesen »
USD/CAD AUD/USD & Gold Technical Trade SetupsUSD/CAD breaking below key pivot zone- initial support objective in view. AUD/USD now testing key confluent resistance- breakout potential. Gold breakout underway – initial resistance objectives in view.
Weiterlesen »
USD Index Price Analysis: A drop to 109.50 remains on the cardsDXY regains some balance following an earlier drop to new lows in the 110.00 zone on Tuesday. Further weakness in the dollar should not be ruled out d
Weiterlesen »
USD Index: Bullish move runs out of steam near 110.60The dollar’s recovery appears to be losing some momentum after reaching daily highs around 110.60 when tracked by the USD Index (DXY) on turnaround Tu
Weiterlesen »
USD Index: Bullish narrative remains in place, but watch for the mid-terms – INGMacro factors continue to point to Dollar strength. But there are two key risk events for the USD this week: US Consumer Price Index (CPI) data and mi
Weiterlesen »