The index keeps the positive ground above the 94.00 handle. US 10-year yields find some support in the 2.835 area. US Producer Prices, EIA report next on tap. The greenback, in terms of the US Dollar Index, is sticking to the positive territory for the time being and is hovering over the 94.30 region, or daily highs. US Dollar looks to trade, Trump, data The index is prolonging the weekly recovery and so far manages well to keep the trade above the key barrier at 94.00 the figure, always against the backdrop of rising trade tensions ahead of Trump’s European tour. In fact, global markets remain nervous following another threat of the US to impose tariffs worth $200 billion on Chinese products, while China has already said it will take retaliatory measures. Attention is poised to remain on the ongoing trade dispute and President Trump’s tour in Europe for the time being. In the US data space, June’s Producer Prices are next on tap seconded by the weekly report on US crude oil inventories by the EIA. US Dollar relevant levels As of writing the index is up 0.20% at 94.29 facing the next hurdle at 94.40 (10-day sma) followed by 94.47 (high Jul.10) and then 94.64 (21-day sma). On the flip side, a break below 94.04 (23.6% Fibo of the April-June up move) would aim for 93.84 (55-day sma) and finally 93.71 (low Jul.9). 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 Gold holds weaker near one-week lows, around $1250 level FX Street 3 years The index keeps the positive ground above the 94.00 handle. US 10-year yields find some support in the 2.835 area. US Producer Prices, EIA report next on tap. The greenback, in terms of the US Dollar Index, is sticking to the positive territory for the time being and is hovering over the 94.30 region, or daily highs. US Dollar looks to trade, Trump, data The index is prolonging the weekly recovery and so far manages well to keep the trade above the key barrier at 94.00 the figure, always against the backdrop of rising trade tensions ahead of Trump's European… 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.
