The USD continues to recover strongly as US Real Yields rise. Analysts at Credit Suisse see scope for further strength in the US Dollar Index (DXY). B
The USD continues to recover strongly as US Real Yields rise. Analysts at Credit Suisse see scope for further strength inWith 10yr US Real yields having completed a large bearish continuation pattern and expected to rise further, this has helped the DXY rally extend for a break above key resistance at its 200-DMA and July high. This is seen to clear the way for further USD strength, with resistance seen next at 104.70 ahead of the 38.
Below support at 103.01 is now seen needed to ease the immediate upside bias, but with a break below 101.78/101.74 seen needed to reassert a negative tone again for a fall back to 100.55, then the 99.58/99.50 current cycle lows.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.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US Dollar Toppish Ahead of Powell; EUR/USD, AUD/USD, GBP/USD Price SetupsThere are growing signs that USD could be in the process of making an interim top. To be fair, this wouldn’t necessarily imply that the uptrend is over. What’s next for EUR/USD, GBP/USD, and AUD/USD?
Leer más »
USD Index climbs to two-month highs near 103.70 ahead of dataThe greenback extends its march north and reaches new two-month peaks around 103.70 when tracked by the USD Index (DXY). USD Index looks at data, risk
Leer más »
USD Index Price Analysis: Further up comes 104.70DXY advances further and hits fresh multi-week peaks around the 104.00 neighbourhood on Wednesday. A convincing breakout of the 104.00 hurdle should o
Leer más »
USD Index maintains the consolidation around 103.50, looks at Jackson HoleThe greenback, in terms of the USD Index (DXY), regains some balance and revisits the 103.50 region on Thursday. USD Index focuses on Jackson Hole gat
Leer más »
USD Index: Gains could extend a bit more towards 106The US Dollar Index is trading close to 104. What are the chances of a broader turn lower in the USD from here? Shaun Osborne, Chief FX Strategist at
Leer más »
USD Index Price Analysis: Above 104.00 comes 104.70DXY manages to regain balance and sets aside Wednesday’s retracement. The index challenges once again the area of monthly peaks near the 104.00 mark,
Leer más »