US Dollar Index (DXY) is under stress from FOMC's FED policy meeting and trade talks with China. This pull further to 95.7, traders are cautious on green back waiting for policy outcome on wednesday. As stressed by President Trump if deal failed to raise fund for border wall, another shutdown is ‘certainly an option’.
For the three consecutive session, USD losing its strength from last week high of 96.7, following ECB President Mario Draghi remark.
We have to wait for Federal announcement about Trade Balance Figure, S&P / Case-Shiller Index, the Conference Board (CB) Consumer Confidence and weekly report on crude supplies by the API.
All currencies in US Dollar Index basket are doing well against green back.
Euro EUR/USD 1.14300
Japanese yen USD/JPY 109.400
Pound sterling GBP/USD 1.31569
Canadian dollar CAD/USD 0.7536
Swiss franc CHF/USD 1.00773
For the three consecutive session, USD losing its strength from last week high of 96.7, following ECB President Mario Draghi remark.
We have to wait for Federal announcement about Trade Balance Figure, S&P / Case-Shiller Index, the Conference Board (CB) Consumer Confidence and weekly report on crude supplies by the API.
All currencies in US Dollar Index basket are doing well against green back.
Euro EUR/USD 1.14300
Japanese yen USD/JPY 109.400
Pound sterling GBP/USD 1.31569
Canadian dollar CAD/USD 0.7536
Swiss franc CHF/USD 1.00773
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| US Dollar Index (DXY) |
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