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The Buck bounced across the board to extend gains...

Long
TVC:DXY   U.S. Dollar Index
What a Monday. Only a relatively short-lived and shallow pull-back in DXY terms before the Buck bounced across the board to extend gains and the index probed beyond last Friday’s post-NFP peak within a 91.840-92.303 range. Technical analysts are now looking at Fib resistance around 92.450 – 23.6% retracement of the move from 102.97 to 89.20 - ahead of the next half round number as US Treasury yields rebound and the curve re-steepens into supply and the House vote on President Biden’s Usd 1.9 tn relief bill on Tuesday. More immediately, employment trends for February and January wholesale trade.

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