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3 Sep 2015
US Dollar trims losses, back to 95.80
FXStreet (Edinburgh) - After a brief surpass of the 96.00 mark, the US Dollar index has now faded those gains and is now hovering over the 95.80/85 area.
US Dollar attention US docket
The greenback remains in the upper bound of the recent range near 96.00 the figure today, supported by expectations of a solid print in tomorrow’s Non-farm Payrolls (220K exp.) and steady possibilities of a Fed’s lift-off in a couple of weeks.
Next of relevance in the US economy will be the usual weekly report on the labour market followed by the ISM Non-Manufacturing and Markit’s Services PMI.
US Dollar levels to consider
At the moment the index is up 0.03% at 95.85 with the next hurdle at 96.04 (high Sep.3) followed by 96.57 (high Aug.20) and then 97.07 (high Aug.19). On the downside, a break below 95.19 (low Sep.1) would aim for 94.99 (low Aug.24) and finally 93.92 (low Aug.26).
US Dollar attention US docket
The greenback remains in the upper bound of the recent range near 96.00 the figure today, supported by expectations of a solid print in tomorrow’s Non-farm Payrolls (220K exp.) and steady possibilities of a Fed’s lift-off in a couple of weeks.
Next of relevance in the US economy will be the usual weekly report on the labour market followed by the ISM Non-Manufacturing and Markit’s Services PMI.
US Dollar levels to consider
At the moment the index is up 0.03% at 95.85 with the next hurdle at 96.04 (high Sep.3) followed by 96.57 (high Aug.20) and then 97.07 (high Aug.19). On the downside, a break below 95.19 (low Sep.1) would aim for 94.99 (low Aug.24) and finally 93.92 (low Aug.26).