USD Index to stay around 104.50/105.00 as fights seasonal trends – ING DollarIndex Banks UnitedStates
“The Dollar tends to be seasonally weak in December, so this is a month of damage limitation for Dollar bulls like ourselves.”includes PPI and University of Michigan survey numbers today. With markets being focused on various gauges of inflation, expect Dollar sensitivity to these data releases.”
“The Dollar could stabilise around current levels as markets gear up for the last week of action of 2022.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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