USD INDEX COMES UNDER PRESSURE AND BREACHES 106.00

avatar
· 阅读量 35


The index fades Friday’s advance and returns to the sub-106.00 area.

US yields gives away part of the recent gains on Monday.

The Dallas Fed Manufacturing Index, Fedspeak come next in the docket.

The greenback starts the week on the defensive and slips back to the area below the 106.00 mark when tracked by the USD Index (DXY).


USD Index looks to risk trends

The index resumes the downside below the 106.00 mark in the wake of the opening bell in the European markets on Monday.


Indeed, the greenback sheds ground vs. the risk-complex, while a sharp decline vs. the Japanese yen follows the negative start of the week in US yields so far. Moving forward, the week will be marked by the speech by Chief Powell on “Economic Outlook, Inflation and the Labour Market” (Wednesday) and the relese of November’s Payrolls (Friday).


In the calendar, the only scheduled release will be the Dallas Fed Manufacturing Index, seconded by short-term bill auctions and a speech by New York Fed J.Williams (permanent voter, centrist).



风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0

暂无评论,立马抢沙发

  • tradingContest