The Dollar looks reset and almost literally recharged after losing some impetus intermittently yesterday when crude oil was gushing, as it continues to rally and pick off more technical or psychological levels in index and Usd/other currency pair terms.
The DXY has now been up to 92.699, leaving just a high from early April guarding the next big figure (92.790 from the 6th of the month to be specific) before attention turns to NFP in earnest and then the latest CFTC spec positioning updates that are odds-on to reveal another short squeeze and paring of Greenback shorts.
Moreover, Monday is a US market holiday to mark Independence Day and this could prompt more Buck buying. Trade safe!
The DXY has now been up to 92.699, leaving just a high from early April guarding the next big figure (92.790 from the 6th of the month to be specific) before attention turns to NFP in earnest and then the latest CFTC spec positioning updates that are odds-on to reveal another short squeeze and paring of Greenback shorts.
Moreover, Monday is a US market holiday to mark Independence Day and this could prompt more Buck buying. Trade safe!