Category: Forex News, News
U.S. Dollar Moves Higher As 30-Year Yield Hits 5.57%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Traders also had a chance to take a look at the Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from 11.6 in August to 9.8 in September, compared to analyst forecast of 1.
In case U.S. Dollar Index stays above the 101.00 level, it will head towards the next resistance level, which is located in the 101.50 – 101.65 range. A successful test of this level will open the way to the test of the next resistance at 102.35 – 102.50.
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