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DXY stays pressured near 99 mark; Key US data awaited (business-standard.com)

Home  DXY stays pressured near 99 mark; Key US data awaited (business-standard.com)


DXY stays pressured near 99 mark; Key US data awaited (business-standard.com)

2025-12-03 @ 16:13

The dollar index continues to stay pressured on rising prospects of a near term Federal interest rate cut in its upcoming December policy. Besides, chatter about Trump mentioning Hassett as a potential Chairman who is known for his dovish stance is also weighing on the greenback. The dollar index that measures the greenback against a basket of currencies is quoting at 99.15, down 0.15% on the day. Looking ahead, upcoming monthly US ADP Employment Change data and the ISM Services PMI would be closely monitored for further cues.

Source: business-standard.com

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Risk Warning​

*Investment involves risk. You may use the information, strategies and trading signals on this website for academic and reference purposes at your own discretion. 1uptick cannot and does not guarantee that any current or future buy or sell comments and messages posted on this website/app will be profitable. Past performance is not necessarily indicative of future performance. It is impossible for 1uptick to make such guarantees and users should not make such assumptions. Readers should seek independent professional advice before executing a transaction. 1uptick will not solicit any subscribers or visitors to execute any transactions, and you are responsible for all executed transactions.

© 1uptick Analytics all rights reserved.

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