- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- US Dollar Index retreats towards 95.00 despite multi-day high US Treasury yields
US Dollar Index retreats towards 95.00 despite multi-day high US Treasury yields
- DXY snaps two-day rebound from 10-week low, seesaws near intraday low.
- US 2-year Treasury yields refresh 23-month high, 10-year, 5-year counterparts refresh two-year tops.
- Market sentiment dwindles amid mixed concerns over Omicron, Fed’s next move.
- US traders return after an extended weekend, next week’s FOMC is the key.
US Dollar Index (DXY) begins the week’s trading on a softer footing, down 0.09% intraday near 95.15 during Tuesday’s Asian session.
In doing so, the greenback gauge drops for the first time in three days while ignoring firmer US Treasury yields and tracking technical signals, by way of Monday’s Doji formation, to hint at the further weakness.
It’s worth observing that the US equities and bond markets were off on Monday due to Martin Luther King’s Birthday. However, China’s firmer GDP and the People’s Bank of China’s (PBOC) Medium-Term Lending Facility (MLF) rate cut joined receding fears of the South African covid variant, namely Omicron, to favor the latest DXY weakness.
On the same line could be the softer prints of the US Retail Sales for December and Michigan Consumer Sentiment Index for January.
Even so, US Treasury yields seem to react to the latest hawkish comment from Federal Reserve Bank of San Francisco President Mary Daly and New York Fed President John Williams, published on Friday, ahead of next week’s Federal Open Market Committee (FOMC) meeting, which in turn tests the DXY sellers.
Amid these plays, the US 10-year and 5-year Treasury yields rose to the highest in two years while 2-year coupon jump to the February 2020 levels during the week-start move. On the other hand, S&P 500 Futures rise 0.12% intraday by the press time.
Looking forward, the US traders’ return from holiday will weigh on the Omicron fears and second-tier activity, as well as housing market, data to portray near-term moves.
Technical analysis
US Dollar Index justifies Tuesday’s Doji candlestick to retreat towards the 100-DMA level of 94.75. Alternatively, upside moves need validation from previous horizontal support from mid-November, now resistance near 95.55.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
