Forex-Traders-Uk

Further bearish bias is anticipated!...

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TVC:DXY   U.S. Dollar Currency Index
The broader Dollar and index trimmed earlier gains as news flow remained light but as the broader sentiment improved. A pullback in yields further put more pressure on the Buck with some seeing a bullish Treasury quant piece as one of the catalysts at the time.

Elsewhere, the data and speaker slate remained spared as eyes turn to the US May CPI on Thursday which also falls on ECB day, whilst Fed officials will refrain from making remarks on monetary policy as the blackout period is observed ahead of next week’s FOMC announcement.

Looking ahead, tomorrow sees another quiet session from a State-side perspective. Further bearish bias is anticipated.
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Great post
+1 Reply
@YMGroup, :)
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+1 Reply
Forex-Traders-Uk AtlasTrades
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