The dollar has lifted out of lows seen yesterday, which were a product of a drop in long-dated U.S. yields following sub-forecast April ISM and March construction data. The narrow trade-weighted DXY USD index lifted back to near 92.20 after posting a low at 90.87. This returns focus back on yesterday’s two-week peak at 91.39. We retain a bullish medium-to-longer term view of the dollar. The prognosis for the U.S.

For more info about this post:

View Source


Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Rate an article for points!

Leave a Reply

Your email address will not be published. Required fields are marked *