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USD Rally Extends into September

From acy.com

USD: Weaker NFP report fails to derail USD’s upward momentum The US dollar's recent performance has been characterized by its continued strength, which has persisted overnight and intensified since the end of the previous week. This has led to the dollar index approaching its peak from last month, specifically reaching a level of 104.45 as of August 25th. Additionally, the index is in proximity to the intra-day high recorded on May 31st at 104.70, and a breakthrough at this level could potentially pave the way for a further rebound of the US dollar, targeting the year-to-date high recorded on March 8th at 105.88. The ... (full story)

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  • Category: Fundamental Analysis