Trade The World
DXY: Focus shifts back to data – OCBC
Oleh FXStreet Insights Team
Tarikh Diterbitkan: 31 Jul 2025 | Tarikh Diubah: 31 Jul 2025
POPULAR ARTICLES
US Dollar (USD) bulls extended another leg up overnight following FOMC/Powell’s press conference, OCBC's FX analysts Frances Cheung and Christopher Wong note.
US Dollar (USD) bulls extended another leg up overnight following FOMC/Powell’s press conference, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DXY was last at 99.75 levels
"From an FX point of view, markets were likely to have anticipated Fed Chair Powell to make a soft pivot or hint of rate cut soon but it turned out there was no signaling from Powell. He indicated that the Fed 'made no decisions' about a potential September cut."
"This is in contrast to Trump’s earlier comments (before FOMC decision) to reporters that 'I hear they are going to do it (referring to rate cut) in September'. Fed fund futures now implied a push back in timing of next rate cut to about Dec, from Oct (before the decision). Focus next on core PCE (tonight); payrolls and ISM mfg (Friday)."
"Daily momentum is bullish while RSI rose towards overbought conditions. Immediate resistance at 100 (100 DMA), 100.50 levels. Support at 98.00/30 levels (21, 50 DMAs), 97 levels."
FXStreet
Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Read More
