USD Index extends the rebound and flirts with 102.00 – by pabspiovano DollarIndex Currencies Majors
The downtrend in US yields remain unabated for the time being.The greenback, when measured by the
In the meantime, US yields remain well on the defensive and extend the leg lower to new multi-session lows across the curve against the backdrop of renewed recession concerns and speculation that theLater in the session, usual weekly Claims will take centre stage along with the speech by St. Louis Fed J. Bullard .Price action around the index appears reinvigorated as of late and now retargets the 102.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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