USD is a touch firmer, alongside higher UST yields. Economists at OCBC Bank analyze Greenback’s outlook. Potential for USD bull exhaustion after 11 co
Same old story of rates potentially going higher for longer, relative US growth resilience and hawkish Fed are factors that continue to underpin support for the USD, until US data starts to show more material signs of softening.
Support at 106, 105.40 . If these levels break, the next support is at 104.10 . Resistance at 106.90 , 107.20 levels. 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.
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