The index keeps the bid tone and targets 97.00. Yields of the US 10-year reference tumble to lows near 3.10%. US CB’s Consumer Confidence came in 137.9, 18-year high. The greenback has managed to regain some buying interest after dropping to the 96.70 region when tracked by the US Dollar Index (DXY). US Dollar Index bid after data The index keeps the positive performance so far today, managing to revert the earlier dip to the 96.70 area and to refocus on YTD peaks in the 97.00 neighbourhood. The buck has regained traction after October’s Consumer Confidence gauged by the Conference Board surprised markets to the upside at 137.9, the highest level in the last 18 years, and it has now resumed the up move. In the meantime, the gloomy sentiment in the risk-associated space – with EUR, GBP and the commodity bloc in centre stage – continues to lend wings to the rally in the buck, which it has entered the third consecutive week. US Dollar Index relevant levels As of writing the index is gaining 0.11% at 96.79 facing the next hurdle at 96.95 (high Oct.30) seconded by 96.98 (2018 high Aug.13) and finally 97.87 (61.8% Fibo of the 2017-2018 drop). On the downside, a breakdown of 96.21 (10-day SMA) would open the door to 95.81 (21-day SMA) and finally 94.79 (low Oct.12). 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 DXY Technical Analysis: Dollar remains bid and approaches the 97.00 handle FX Street 4 years The index keeps the bid tone and targets 97.00. Yields of the US 10-year reference tumble to lows near 3.10%. US CB's Consumer Confidence came in 137.9, 18-year high. The greenback has managed to regain some buying interest after dropping to the 96.70 region when tracked by the US Dollar Index (DXY). US Dollar Index bid after data The index keeps the positive performance so far today, managing to revert the earlier dip to the 96.70 area and to refocus on YTD peaks in the 97.00 neighbourhood. The buck has regained traction after October's Consumer Confidence gauged by the Conference… Regulated 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.
