The index alternates gains with losses around 94.60 on Monday. US 10-year yields flirting with lows near 2.87%. US New Home Sales coming up next in the docket. The greenback, tracked by the US Dollar Index (DXY), is looking to gather some upside traction at the beginning of the week around the 94.50/60. US Dollar looks to data, trade The index manages to return to the positive territory on Monday, reverting at the same time two consecutive daily pullbacks amidst a selling bias in the risk-associated space and renewed jitters on the US-China/EU trade disputes. In fact, absent relevant publications in both sides of the Atlantic during most of the week, investors remain wary on the trade front, where the US, China and the European Union are in centre stage. On the positioning front, USD speculative net longs climbed to the highest level since mid-June 2017 during the week ended on June 19, as per the latest CFTC report. In the data space, May’s New Home Sales will be the sole release later today in the NA session. US Dollar relevant levels As of writing the index is up 0.01% at 94.55 facing the next resistance at 95.53 (2018 high Jun.22) seconded by 96.00 (psychological level) and finally 96.51 (high Jul.4 2017). On the other hand, a breach of 94.47 (low Jun.22) would open the door to 94.25 (21-day sma) and then 93.19 (low Jun.13). 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 Ifo economist: economic boom in Germany is over FX Street 4 years The index alternates gains with losses around 94.60 on Monday. US 10-year yields flirting with lows near 2.87%. US New Home Sales coming up next in the docket. The greenback, tracked by the US Dollar Index (DXY), is looking to gather some upside traction at the beginning of the week around the 94.50/60. US Dollar looks to data, trade The index manages to return to the positive territory on Monday, reverting at the same time two consecutive daily pullbacks amidst a selling bias in the risk-associated space and renewed jitters on the US-China/EU trade disputes. In fact, absent relevant publications… 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.
