The Dollar Index has been stuck in a tight range, but don’t mistake sideways trading for stability.
Behind the scenes, traders are torn — weaker economic data and the prospect of a shutdown argue for a softer dollar, while global demand for safe havens keeps a firm bid under the greenback.
That tug-of-war has kept DXY consolidating near recent highs, almost like a coiled spring waiting for a breakout.
When Washington sneezes or the Fed shifts tone, the dollar won’t drift — it will lurch, and the next move could set the tone for every major market this quarter.
Behind the scenes, traders are torn — weaker economic data and the prospect of a shutdown argue for a softer dollar, while global demand for safe havens keeps a firm bid under the greenback.
That tug-of-war has kept DXY consolidating near recent highs, almost like a coiled spring waiting for a breakout.
When Washington sneezes or the Fed shifts tone, the dollar won’t drift — it will lurch, and the next move could set the tone for every major market this quarter.
UK, London
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
UK, London
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.