28 Apr 2015
DXY weaker, near 96.50
FXStreet (Edinburgh) - The greenback, in terms of the US Dollar Index, extends its downbeat mood on Tuesday, testing the lower bound of the range in the mid-96.00s.
DXY focus on US calendar
The index is now testing levels last seen post-FOMC meeting on March 18th near 96.50, as the risk appetite sentiment continues to gather traction following the optimism on Greek headlines.
Next of relevance in the US docket will be the Consumer Confidence (102.5 exp.) and the S&P/Case-Shiller index (4.7% exp.).
DXY relevant levels
The index is now retreating 0.20% at 96.57 with the immediate support at 96.33 (low Apr.6) en route to 96.17 (low Mar.26) and then 95.84 (low Mar.5). On the other hand, a surpass of 97.55 (high Apr.24) would open the door to 98.66 (high Mar.31) and finally 99.18 (high Apr.9).
DXY focus on US calendar
The index is now testing levels last seen post-FOMC meeting on March 18th near 96.50, as the risk appetite sentiment continues to gather traction following the optimism on Greek headlines.
Next of relevance in the US docket will be the Consumer Confidence (102.5 exp.) and the S&P/Case-Shiller index (4.7% exp.).
DXY relevant levels
The index is now retreating 0.20% at 96.57 with the immediate support at 96.33 (low Apr.6) en route to 96.17 (low Mar.26) and then 95.84 (low Mar.5). On the other hand, a surpass of 97.55 (high Apr.24) would open the door to 98.66 (high Mar.31) and finally 99.18 (high Apr.9).