US Dollar Index remains firm and targets 110.00

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US Dollar Index remains firm and targets 110.00
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US Dollar Index remains firm and targets 110.00 – by pabspiovano DollarIndex Currencies Majors

Eminent issues on the back boiler

: Hard/soft/softish? landing of the US economy. Prospects for further rate hikes by the Federal Reserve vs. speculation over a recession in the next months. Geopolitical effervescence vs. Russia and China. US-China persistent trade conflict.Now, the index is advancing 0.12% at 109.88 and a break above 110.01 would expose 110.78 and then 111.90 . On the other hand, the next support emerges at 107.68 followed by 107.58 and finally 105.76 .

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