16 Feb 2015
DXY in session highs around 94.50
FXStreet (Edinburgh) - The greenback, tracked by the US dollar index, is advancing to intraday highs around the mid-94.00s on Monday.
DXY boosted by Eurogroup no-deal
The US dollar has reverted a negative start following the disappointing events from the Eurogroup-Greece meeting today, where the Greek government rejected the draft presented by the EU officials, considering it ‘unacceptable’ and ‘unreasonable’.
Ahead in the week, the USD momentum will be put to the test, as the FOMC minutes are due on Wednesday.
DXY key levels
The index is now up 0.23% at 94.46 with the next resistance at 95.10 (high Feb.12) and then 95.23 (high Feb.11). On the downside, a breach of 93.97 (low Feb.13) would expose 93.39 (low Feb.3).
DXY boosted by Eurogroup no-deal
The US dollar has reverted a negative start following the disappointing events from the Eurogroup-Greece meeting today, where the Greek government rejected the draft presented by the EU officials, considering it ‘unacceptable’ and ‘unreasonable’.
Ahead in the week, the USD momentum will be put to the test, as the FOMC minutes are due on Wednesday.
DXY key levels
The index is now up 0.23% at 94.46 with the next resistance at 95.10 (high Feb.12) and then 95.23 (high Feb.11). On the downside, a breach of 93.97 (low Feb.13) would expose 93.39 (low Feb.3).