交易新闻
24 Apr 2015
DXY toying with 97.00
FXStreet (Edinburgh) - The greenback, in terms of the US Dollar Index, is now looking to stabilize around the 97.00 handle.
DXY rebounds from 96.80
The index is closing the second consecutive week with losses today, extending the correction lower after being rejected from the psychological handle at 100.00 in mid-April.
Poor results in the US data releases have once again been the main drag for the dollar in recent sessions. The dovish tone by some Fed members has also collaborated with the downbeat sentiment, pushing back expectations for rates lift-off by the Fed towards Q4 2015 (from June).
DXY relevant levels
The index is now retreating 0.29% at 96.99 and a breakdown of 96.75 (low Apr.24) would target 96.33 (low Apr.6) en route to 96.17 (low Mar.26). On the upside, the initial hurdle aligns at 97.55 (high Apr.24) ahead of 98.66 (high Mar.31) and finally 99.18 (high Apr.9).
DXY rebounds from 96.80
The index is closing the second consecutive week with losses today, extending the correction lower after being rejected from the psychological handle at 100.00 in mid-April.
Poor results in the US data releases have once again been the main drag for the dollar in recent sessions. The dovish tone by some Fed members has also collaborated with the downbeat sentiment, pushing back expectations for rates lift-off by the Fed towards Q4 2015 (from June).
DXY relevant levels
The index is now retreating 0.29% at 96.99 and a breakdown of 96.75 (low Apr.24) would target 96.33 (low Apr.6) en route to 96.17 (low Mar.26). On the upside, the initial hurdle aligns at 97.55 (high Apr.24) ahead of 98.66 (high Mar.31) and finally 99.18 (high Apr.9).