US Dollar Index stays bid around 96.00 ahead of Fed
26.01.2022, 14:35

US Dollar Index stays bid around 96.00 ahead of Fed

  • DXY keeps the buying interest unchanged near 96.00.
  • US yields remain vigilant ahead of the FOMC event.
  • Consensus expects the Fed’s message to fall on the hawkish side.

The US Dollar Index (DXY), which gauges the greenback vs. a bundle of its main rivals, extends the weekly optimism around the 96.00 zone ahead of the FOMC gathering midweek.

US Dollar Index: Mind the “sell the fact” reaction

The index keeps the rebound from 2022 lows (January 14) well in place, this time aided by the mild uptick in US yields and sustained further by escalating geopolitical tensions.

Indeed, the recent strong advance in the dollar was accompanied by rising speculation of a Fed’s lift-off in March along with an intense move higher in US yields. However, much of the next steps by the Fed seems to be priced in and therefore this could spark a corrective move in the buck in case the Committee (or Powell) fails to surprise investors later on Wednesday.

In the docket, MBA Mortgage Applications contracted 7.1% in the week to January 21, while advanced trade balance figures showed the deficit is expected to widen to $101B in December.

Next on tap in the US calendar will be the December New Home Sales along with the EIA’s weekly report on US crude oil stockpiles.

US Dollar Index relevant levels

Now, the index is gaining 0.10% at 96.05 and a break above 96.27 (weekly high Jan.27) would open the door to 96.46 (2022 high Jan.4) and finally 96.93 (2021 high Nov.24). On the flip side, the next down barrier emerges at 94.89 (100-day SMA) followed by 94.62 (2022 low Jan.14) and then 93.27 (monthly low Oct.28 2021).

 

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik