Trade The World
DXY: On the backfoot – OCBC
Ni FXStreet Insights Team
Petsa ng Pag-publish: 16 Oct 2025 | Petsa ng Pag-edit: 16 Oct 2025
POPULAR ARTICLES
US Dollar (USD) continued to ease away from its recent high. DXY last at 98.60 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
US Dollar (USD) continued to ease away from its recent high. DXY last at 98.60 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Downside risks in the interim
"Temporary respite in risk sentiment, pullback in UST yields and US government staying shut (with little urgency of reopening) were some factors weighing on USD. Elsewhere, stronger JPY, EUR and RMB also saw spillover influence."
"On Fedspeaks, Miran said recent trade tensions have increased uncertainty in the outlook for growth, making it more important for policymakers to lower interest rates quickly."
"Bullish momentum on daily chart faded while RSI fell. Downside risks in the interim. Support at 98.40 (38.2% fibo) and 98 levels (21, 50 DMAs). Immediate resistance at 99.10 levels (50% fibo retracement of May high to Sep low), 99.80 (61.8% fibo), 100.20 levels."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
