The index drops to multi-day lows near 94.50. US 10-year yields test fresh highs in the 2.92% area. US flash Manufacturing/Services PMI next on tap. The US Dollar Index (DXY), which tracks the greenback vs. a basket of its main rivals, is extending the drop and posts fresh multi-day lows in the mid-94.00s. US Dollar looks to data, trade The index is down for the second session in a row at the end of the week, coming down from yesterday’s fresh 11-month tops just beyond 95.50. The selling momentum in the buck picked up pace in tandem with shrinking concerns on the US-China trade front following escalating tensions at the beginning of the week. In the meantime, yields of the key US 10-year note are inching higher today, navigating in session tops around the 2.92% area. Later in the NA session, Markit will publish its flash figures for the Manufacturing/Services PMI for the current month. US Dollar relevant levels As of writing the index is down 0.33% at 94.56 and a breach of 94.47 (low Jun.22) would open the door to 94.24 (21-day sma) and then 93.19 (low Jun.13). On the upside, the next hurdle emerges at 95.53 (2018 high Jun.22) seconded by 96.00 (psychological level) and finally 96.51 (high Jul.4 2017). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next France: Business confidence points to growth stability in 3Q – ING FX Street 3 years The index drops to multi-day lows near 94.50. US 10-year yields test fresh highs in the 2.92% area. US flash Manufacturing/Services PMI next on tap. The US Dollar Index (DXY), which tracks the greenback vs. a basket of its main rivals, is extending the drop and posts fresh multi-day lows in the mid-94.00s. US Dollar looks to data, trade The index is down for the second session in a row at the end of the week, coming down from yesterday's fresh 11-month tops just beyond 95.50. The selling momentum in the buck picked up pace in tandem with shrinking concerns… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
