USD: Further gains harder to justify – ING
The US Dollar (USD) found more support yesterday on the tail effect of Fed Chair Powell’s hawkish press conference and, more marginally, the US-China trade deal, ING's FX analyst Francesco Pesole notes.

The US Dollar (USD) found more support yesterday on the tail effect of Fed Chair Powell’s hawkish press conference and, more marginally, the US-China trade deal, ING's FX analyst Francesco Pesole notes.

DXY lacks the thrust to break above 100.00

"Throughout September and October, we have discussed how short-dollar trades clearly hit a roadblock and needed to be fuelled by more compelling negative USD news. The government shutdown has prevented jobs data from offering that catalyst, and Powell’s caution on a December cut has to be taken more at face value now."

"But our short-term call on the dollar remains more one of ‘lack of direction’ rather than the initiation of a more sustainable rebound. And the reason is precisely the lack of data releases, which incidentally prevents markets from making any conviction call on slower Fed easing. In our view, DXY lacks the thrust to break above 100.00."


Acuity Trading
Trade The World
Acuity Trading ialah fintech berpangkalan di London yang ditubuhkan pada 2013, pakar dalam data alternatif berkuasa AI dan analisis sentimen untuk dagangan dan pelaburan. Mereka merevolusikan pengalaman dagangan dalam talian dengan alat berita dan sentimen visual, dan terus menerajui pasaran dengan data alternatif penjana alfa dan alat dagangan yang sangat interaktif menggunakan penyelidikan serta teknologi AI terkini.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut