Back

US Dollar Index Technical Analysis: The greenback now looks to 97.87, June 2017 highs

  • DXY is prolonging the upside momentum this week, trading in the upper end of the recent range and close to yesterday’s YTD highs near 97.80.
  • The upbeat note around the buck stays well and sound and the index is now targeting 97.87, June 2017 highs.
  • Looking at the broader scenario, the constructive outlook in the greenback is expected to prevail while above the critical 200-day SMA at 96.10.

DXY daily chart

 

Germany: Drop in IFO index - ING

Carsten Brzeski, chief economist at ING, points out that the German Ifo index, dropped to 99.2 in April, from 99.7 in March as both the current assess
مزید پڑھیں Previous

UK's Hammond: All government fiscal targets look on course to be met

Following his earlier comments, the UK Chancellor Phillip Hammond is back on the wires and this time commented on fiscal policy, saying that all gover
مزید پڑھیں Next