FXStreet (Edinburgh) – After a brief surpass of the 96.00 mark, the US Dollar index has now faded those gains and is now hovering over the 95.80/85 area.
US Dollar attention US docket
The greenback remains in the upper bound of the recent range near 96.00 the figure today, supported by expectations of a solid print in tomorrow’s Non-farm Payrolls (220K exp.) and steady possibilities of a Fed’s lift-off in a couple of weeks.
Next of relevance in the US economy will be the usual weekly report on the labour market followed by the ISM Non-Manufacturing and Markit’s Services PMI.
US Dollar levels to consider
At the moment the index is up 0.03% at 95.85 with the next hurdle at 96.04 (high Sep.3) followed by 96.57 (high Aug.20) and then 97.07 (high Aug.19). On the downside, a break below 95.19 (low Sep.1) would aim for 94.99 (low Aug.24) and finally 93.92 (low Aug.26).
(Market News Provided by FXstreet)