DXY regains his smile and shifts his focus to the 93.00 barrier. The 55-day SMA near 93.30 offers provisional short-term resistance. He DXY resumes higher after Friday’s pullback, although the 93.00 barrier looks like a tough nut to crack for USD bulls so far. If the ongoing bullish attempt gathers momentum, then the next interim […]
Tag: Index Dollar
US Dollar DXY Index Recovers Above 93.00 Level
The DXY index moves higher and recovers the 93.00 level. Prospects for stimulus are fading and pandemic fears benefit the dollar. New home sales data and the Chicago Fed index stand out on today’s calendar. He US Dollar DXY Index, which measures the strength of the dollar against a basket of major currencies, extends Friday’s […]
The 6-month resistance line at 93.40 limits the rise
The DXY index fails to extend the bounce beyond the 93.00 level. The 6-month resistance line near 93.40 continues to limit gains. The DXY index runs out of steam at the 93.10 region on Friday after a failed attempt so far to extend Thursday’s decent recovery. If the bulls regain control, then the next intermediate […]
DXY US Dollar Index Turns Negative, Dropping Near 92.70 Level
The DXY index moves negative and tests the 92.70 region. Encouragement talks seem stagnant and unlikely to progress anytime soon. Markit’s preliminary PMIs stand out on the US economic calendar. The US Dollar DXY Index, which measures the strength of the dollar against a basket of major currencies, is losing momentum and pulls back from […]
Does the civilized and informative showdown increase the odds of Trump winning?
With the president of the United States, Donald Trump, lagging in national polls with former vice president and Democratic candidate Joe Biden, the final showdown between the two turned out to be much more civilized and informative than the first clash chaotic. There was minimal interruptions from both sides, especially Trump, after he allegedly interrupted […]
Trump and Biden accuse each other of failing to reach an agreement on the fiscal stimulus plan
In the last part of the presidential debate between Donald Trump and the Democratic candidate Joe Biden, the moderator Kristen Welker has asked about the fiscal stimulus American. The president has responded that he has already approved three proposals, and has attacked Nancy Pelosi. House Speaker and Democrat Nancy Pelosi does not want to pass […]
Biden attacks Trump for Iran and Russia intrusions in elections and his opacity with taxes
Joe Biden, the Democratic candidate for the US presidency, receives the first question in his debate against the current president, Donald Trump. The moderator, Kristen Welker, asks what you would do to prevent other countries from meddling in the U.S. elections. This follows news the day before that US national security officials claimed that Iran […]
Trump says coronavirus outbreaks will disappear soon, Biden offers plan to treat pandemic
Donald Trump y Joe Biden they face in the last presidential debate before the elections of November 3 in Nashville (Tennessee). The debate started with questions about the COVID-19. The president was asked about the third wave hitting the United States. Kristen Welker, a journalist for NBC News and moderator of the event, asked how […]
US Dollar DXY Index Looks Firmer Approaching 93.00 Level Ahead of Debate
The DXY index is moving higher and is approaching the 93.00 level. Stagnant stimulus talks favor the safe-haven dollar. Initial jobless claims in the US fall below 800,000 for the first time since the start of the pandemic. The US Dollar DXY Index, which measures the strength of the dollar against a basket of major […]
Tentative resistance is in the region of 93.30 / 50
The DXY index bounces off new lows in the 92.50 / 45 region on Thursday. Tentative resistance on the upside is at the 93.30 / 50 area. The DXY index rallies slightly after bottoming out in the 92.50 / 45 region on Wednesday, to fresh multi-week lows. If the current bullish attempt gains more strength, […]
