KarYong

USD: Fundamental Forecast Bullish

Long
FX:USDOLLAR   Dow Jones FXCM Dollar Index
Fundamental Forecast: Bullish

The focus for this week is definitely on Wednesday sessions where the Core PCE Price Index will be released. Should the actual data miss the forecasted estimate of 0.1%, we might potentially see further sell off in the US dollar ; while on the other hand, if the data comes out positive, we might see a further rally as it would again support the FED hike this coming December.

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