USD Index: Gains are still likely to struggle in the upper 102 area – Scotiabank DollarIndex Equities China Italy Banks
USD firmer as stocks slump on banks, Italian windfall tax, weak China trade
The USD is trading broadly higher, reversing some of the losses made around the cooler jobs data in the US last week. Gains in the DXY are still likely to struggle in the upper 102 area, assuming the risk backdrop does not deteriorate significantly further.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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