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30 Mar 2015
DXY off highs, near 98.00
FXStreet (Edinburgh) - The greenback, in terms of the US Dollar Index, remains buoyant at the beginning of the week, just pips below daily peaks beyond 98.00 the figure.
DXY clings to 98.00
The index keeps pushing higher well into the NA session on Monday, extending last week’s upbeat momentum and regaining the critical 98.00 barrier. Positive US docket lent some extra support to the greenback today, which managed to advance despite the likeliness of the PBoC to incur in further easing.
Next of relevance will be the speech by Fed’s Fischer, ahead of Tuesday’s US Consumer Confidence for the month of March and speeches by Lockhart, Mester and George.
DXY levels to consider
The index is now up 0.68% at 97.94 with the initial up barrier at 98.07 (high Mar.30) ahead of 98.23 (high Mar.23) and then 99.11 (high Mar.20). On the downside, a break below 96.99 (low Mar.27) would expose 96.17 (low Mar.26) and finally 95.84 (low Mar.5).
DXY clings to 98.00
The index keeps pushing higher well into the NA session on Monday, extending last week’s upbeat momentum and regaining the critical 98.00 barrier. Positive US docket lent some extra support to the greenback today, which managed to advance despite the likeliness of the PBoC to incur in further easing.
Next of relevance will be the speech by Fed’s Fischer, ahead of Tuesday’s US Consumer Confidence for the month of March and speeches by Lockhart, Mester and George.
DXY levels to consider
The index is now up 0.68% at 97.94 with the initial up barrier at 98.07 (high Mar.30) ahead of 98.23 (high Mar.23) and then 99.11 (high Mar.20). On the downside, a break below 96.99 (low Mar.27) would expose 96.17 (low Mar.26) and finally 95.84 (low Mar.5).