USD Index appears offered around 103.80 – by pabspiovano DollarIndex Currencies Majors
The Fed is expected to raise rates by 25 bps later in the week., struggles for direction around the 103.80 at the beginning of the week.The index keeps the bearish note for the third session in a row on Monday, all against the backdrop of the generalized side-lined trade in the global markets as well as further downside in US yields across the curve.
The risk aversion derived from banking jitters appears diminished and supports the selling bias in the dollar amidst firmer conviction among investors of a 25 bps rate hike by the Federal Reserve at the next meeting on March 22. : Rising conviction of a soft landing of the US economy. Persistent narrative for a Fed’s tighter-for-longer stance. Terminal rates near 5.5%? Fed’s pivot. Geopolitical effervescence vs. Russia and China. US-China trade conflict.Now, the index is retreating 0.03% at 103.83 and the breakdown of 103.48 would open the door to 102.58 and finally 100.82 . On the other hand, the next hurdle emerges at 105.88 seconded by 106.64 and then 107.19 .
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US Dollar Index: Joint central bank efforts tease DXY bulls below 103.00 ahead of FedUS Dollar Index: Joint central bank efforts tease DXY bulls below 103.00 ahead of Fed – by anilpanchal7 DollarIndex Fed RiskAversion YieldCurve Banks
Leer más »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, Gold, Bitcoin, USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade.
Leer más »
Trading Support and Resistance \u2013EUR/USD, USD/JPYThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Leer más »
JISOO and JENNIE's Dynamic Duo: BLACKPINK Stars Showcase Their Bond in Amsterdam Vlog | allkpopOn March 18, BLACKPINK's JISOO uploaded a new video titled 'AMSTERDAM vlog' to her YouTube channel 'Happiness Index 103%.'Amste…
Leer más »
Home attendants take over dead 103-year-old woman’s NYC pad, threaten to flush her ashes: lawsuit“We talked about what the exit plan was going to be,” Alayne Skylar said of her conversations with the Abellos in the weeks after her mother’s death. “I bought them dinners,…
Leer más »