#OPINIONLEADER# #USDollarIndex#
Byscott.andrews275
MAY 7, 2021
USD index 07 05 2021
The US dollar fell after failed attempts to get through 91.30 and price moved down to just below 90.90 before a small bounce. Labor Department reports released last night suggests that productivity is higher than first quarter 2021 and increased more than expected. With NFP coming out tonight at 20:30 GMT+8 time zone I will be looking for the US dollar to move lower through 90.80 and ideally find support back down at 90.50 for buying opportunities.
Read the full article below make sure to check out the others by the LCMS analysis team:
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