USD Index extends the upside above 104.00 ahead of key data – by pabspiovano DollarIndex Currencies Majors
Markets continue to lean towards a Fed’s pause in June., starts the new trading week in a positive fashion beyond the 104.00 hurdle on Monday.The index so far advances for the second session in a row and reclaims the area above the 104.00 level on the back of further selling pressure in the risk-linked galaxy despite positive prints from the Chinese calendar earlier in the Asian session.
Moving forward, traders are expected to follow the release of the ISM Services PMI due later in the NA session along with the final S&P Global Services PMI for the month of May as well as April’s Factory Orders.The index picks up further pace and looks to regain the bullish outlook above 104.00 at the beginning of the week.
instead appears to be the extra tightening of credit conditions in response to uncertainty surrounding the US banking sector.: Final Services PMI, ISM Services PMI, Factory Orders – IBD/TIPP Economic Optimism index – MBA Mortgage Applications, Balance of Trade, Consumer Credit Change – Initial Jobless Claims, Wholesale Inventories .: Persistent debate over a soft/hard landing of the US economy. Terminal Interest rate near the peak vs. speculation of rate cuts in late 2023/early 2024.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Pairs in Focus This Week \u2013 GBP/USD, EUR/USD, USD/JPY, USD/CAGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 4th, 2022 here.
Leer más »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, USD/JPY, GBP/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Leer más »
US Dollar Index: DXY extends post-NFP advances past 104.00 ahead of US ISM Services PMIUS Dollar Index (DXY) holds onto the previous day’s recovery moves amid a sluggish start to the week. That said, the DXY renews its intraday high near
Leer más »
Trading Support and Resistance \u2013 USD/JPY, USD/CHFThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Leer más »
USD/JPY bulls trace firmer yields above 140.00, US PMIs, Japan GDP eyedUSD/JPY clings to mild gains around 140.20 as it cheers upbeat Treasury bond yields, as well as the firmer US Dollar to propel the USD/JPY prices. Add
Leer más »
Hundreds climb 104 floors at One World Trade Center in Tunnel to Towers Foundation's 7th Annual Tower ClimbHundreds took part in the Tunnel to Towers Foundation's 7th Annual Tower Climb on Sunday. Participants climbed 104 floors, or 2,226 steps, at One World Trade Center.
Leer más »