US Dollar Index looks offered near 95.70, focus on geopolitics By pabspiovano DollarIndex Currencies Majors
The index navigates the lower end of the recent range south of the 96.00 mark against the backdrop of the improvement in the risk complex. Indeed, markets appear to have welcomed the news of a meeting between US Secretary of State Blinken and Foreign Minister Lavrov at some point next week.
In the US calendar, the Conference Board will publish the Leading Index for the month of January, seconded by Existing Home Sales. In addition, Chicago Fed C.Evans , FOMC C.Waller , NY Fed J.Williams and FOMC L.Brainard are all due to speak later in the session.Better news on the Russia-Ukraine-US standoff lends some support to the risk-associated universe and weighs on the dollar at the end of the week.
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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Dollar Index Price Analysis: Next on the downside comes 95.15/10DXY drops to new 2-day lows in the sub-96.00 zone amidst persistent selling pressure in the dollar. The current leg lower is seen as corrective only,
Read more »
US Dollar (DXY) Forecast – Longer-Term Trend Remains in PlayThe US dollar drifted lower post-FOMC but remains in a dominant ascending channel that has been in force since mid-June last year. Get your market update from nickcawley1 here:
Read more »
Number of US million-dollar cities hits new recordIn 2021, a record 146 U.S. cities were added to the “million-dollar cities” list, according to the latest data from Zillow.
Read more »
US Dollar Outlook: Will AUD/USD and NZD/USD Rise as Retail Traders Sell?The US Dollar is receiving some love from retail traders, boosting short exposure in AUD/USD and NZD/USD. Could this spell further strength for these pairs? Get your market update from ddubrovskyFX here:
Read more »
US Defense Secretary: US sees Russian forces inching closer to Ukraine, stocking up on bloodThe US Defense Secretary Lloyd Austin on Thursday said that the US is seeing some Russian forces inching closer to the Ukrainian border and stocking u
Read more »
The Morning After: The billion-dollar bitcoin launderers are getting another documentary | Engadget
Read more »