USD Index remains under pressure near 102.00, focus on PMIs – by pabspiovano DollarIndex Currencies Majors
– PCE, Core PCE, Personal Income, Personal Spending, Pending Home Sales, Final Michigan Consumer Sentiment .: Rising conviction of a soft landing of the US economy. Prospects for extra rate hikes by the Federal Reserve vs. speculation of a recession in the next months. Fed’s pivot. Geopolitical effervescence vs. Russia and China. US-China trade conflict.Now, the index retreats 0.12% at 101.89 and faces the next support at 101.52 seconded by 101.29 and finally 100.00 .
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