USD Index remains side-lined above 102.00 ahead of data, Fedspeak – by pabspiovano DollarIndex Currencies Majors
Risk appetite trends looks mixed so far at the end of the week., which tracks the greenback vs. a bundle of its main rivals, extends further the consolidation theme on Friday, always around the 102.00 neighbourhood.The index exchanges gains with losses around the 102.
In the US data space, Existing Home Sales for the month of December will be the only release later in the day seconded by speeches by Philly Fed P.Harker and FOMC C.Waller .The dollar remains side-lined in the lower end of the recent range near the 102.00 mark at the end of the week. On the latter, the tight labour market and the resilience of the economy are also seen supportive of the firm message from the Federal Reserve and the continuation of its hiking cycle.: Rising conviction of a soft landing of the US economy. Prospects for extra rate hikes by the Federal Reserve vs. speculation of a recession in the next months. Fed’s pivot. Geopolitical effervescence vs. Russia and China. US-China trade conflict.Now, the index is gains 0.10% at 102.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD Index treads water around 102.30 ahead of data, FedspeakThe greenback, in terms of the USD Index (DXY), remains under pressure in the lower end of the range near 102.30 on Thursday. USD Index now focuses on
Read more »
GBP/USD gauges intermediate support above 1.2300 amid subdued USD IndexThe GBP/USD pair is looking for intermediate support around 1.2320 in the Asian session. The cable is aiming to resume its upside journey as the US Do
Read more »
US Dollar Index struggles to cheer hawkish Fedspeak amid slowdown fearsUS Dollar Index struggles to cheer hawkish Fedspeak amid slowdown fears – by anilpanchal7 DollarIndex RiskAppetite Fed Recession Macroeconomics
Read more »
NZD/USD grinds higher past 0.6400 as US Dollar struggles to cheer hawkish FedspeakNZD/USD grinds higher past 0.6400 as US Dollar struggles to cheer hawkish Fedspeak – by anilpanchal7 NZDUSD RiskAppetite Fed Recession Currencies
Read more »
Philadelphia woman continues her lifelong passion as a painter at 102She is 102 years old and still enjoying her favorite hobby. One local artist is truly proving age is just a number and she is still turning out works of art after decades.
Read more »
USD Index extends the recovery and approaches 103.00The USD Index (DXY), which tracks the greenback vs. a basket of its main rivals, climbs to multi-day highs near the 103.00 mark on Wednesday. USD Inde
Read more »