USD Index wobbles around 102.00, focus remains on FOMC – by pabspiovano DollarIndex Currencies Majors
Markets’ attention remains on the upcoming FOMC event., exchanges gains with losses in the 102.00 neighbourhood at the beginning of the week.The index looks to add to the recovery emerged in the second half of last week and flirts once again with the 102.
On the latter, the tight labour market and the resilience of the economy are also seen supportive of the firm message from the Federal Reserve and the continuation of its hiking cycle., CB Consumer Confidence – MBA Mortgage Applications, ADP Employment Change, Final Manufacturing PMI, ISM Manufacturing, Construction Spending, FOMC Interest Rate Decision – Initial Jobless Claims, Factory Orders – Nonfarm Payrolls, Unemployment Rate, Final Services PMI ISM Non-Manufacturing .
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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/JPY, BTC/USD, GBP/USD, AUD/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 29th, 2022 here.
Read more »
Weekly Forex Forecast \u2013Gold, EUR/USD, AUD/USD, S\u0026P 500 IndexThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Read more »
NZD/USD struggles to sustain above 0.6500 as USD Index shows stellar recoveryThe NZD/USD pair is failing in keeping its auction above the psychological resistance of 0.6500 in the early European session. The Kiwi asset is facin
Read more »
USD/CAD marches towards 1.3350 amid softer Oil price, mixed sentiment ahead of FOMC, US NFPUSD/CAD picks up bids to refresh intraday high around 1.3325 during the first positive day in three heading into Monday’s European session. In doing s
Read more »
EUR/USD: 29th January - 4th FebruaryThe EURUSD went into the weekend near the 1.08655 ratio- Forex Trading FX Money Markets
Read more »
AUD/USD Price Analysis: Inside day Friday opens risk of a lower close on Monday, 0.7050 eyedAUD/USD was the best performer for the G7 last week and AUD/USD bulls could be trapped up high for the week ahead which holds a number of key data eve
Read more »