USD Index to trade back higher again into year-end – ING DollarIndex Banks
The US Dollar holds its ground following last week's slide. Economists at ING expect DXY to retest the 108-100 area into end-2022. “We just do not see conditions in place for a benign Dollar bear trend – even though the buy-side is desperate to put money to work away from the Dollar.”
“We continue with the view that any weakness in DXY towards the 105.00 area this week will prove short-lived and favour a return to 108-110 into year-end.”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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pairs in Focus This Week-USD/CAD, EUR/USD, GBP/USD, AUD/USDGet the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week.
Read more »
EUR/USD could trade back up to the 1.0480/1.0500 area again – INGThe highlight of the eurozone data calendar this week will be November price figures. EUR/USD registered its highest weekly close since late June at 1
Read more »
Weekly Forex Forecast \u2013 GBP/USD, EUR/USDWhen starting the week, it is a good idea to look at the big picture of what is developing in the market as a whole.
Read more »
NZD/USD remains depressed near 0.6200 mark amid softer risk tone, modest USD strengthNZD/USD remains depressed near 0.6200 mark amid softer risk tone, modest USD strength – by hareshmenghani NZDUSD China RiskAversion Fed Currencies
Read more »
Gold Price Forecast: XAU/USD reclaims $1,750 as USD Index struggles to extend gains, US ADP eyedGold Price Forecast: XAU/USD reclaims $1,750 as USD Index struggles to extend gains, US ADP eyed – by Sagar_Dua24 Gold XAUUSD Fed SEO DollarIndex
Read more »
Gold Price Forecast: XAU/USD holds gains above $1,750 as US GDP hogs limelightGold price (XAU/USD) is focusing on establishing above the critical resistance of $1,750.00 in the early Asian session after a solid recovery from $1,
Read more »