Confucius: the man who broke the mountain was the same man who started ...
-
Weekly US Dollar Fundamental Forecast: All Eyes on January Fed Meeting
Fundamental Forecast for the US Dollar: Neutral The DXY Index closed lower on the week for the first time in 2021, but the losses were contained and offered little meaningful technical advance or decline. The upcoming US economic calendar is loaded with high rated event risk, as well as the January Fed meeting – which unfortunately might not bring much volatility. The IG Client Sentiment Indexsuggests the US Dollar is on mixed footing ahead of the January Fed meeting. US Dollar Trading Choppily The US Dollar (via the DXY Index) broke the uptrend from the early-January lows at the start of last week but found like ... (full story)