USD Index climbs to 3-week tops past 102.00 ahead of data – by pabspiovano DollarIndex Currencies Majors
Persistent debate over a soft or hard landing for the US economy. Terminal Interest rate near the peak vs. speculation of rate cuts in late 2023 or early 2024. Geopolitical effervescence vs. Russia and China. US-China trade conflict.Now, the index is gaining 0.08% at 101.93 and the breakout of 102.55 would open the door to 103.54 . On the other hand, immediate contention emerges at 100.55 prior to 100.00 and then 99.57 .
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