minus academy faq plus academy faq Check in circle Apple Android Home Magnifer Calculator Mail Email Facebook Twitter RSS Linkedin Linkedin hollower Headphones Wechats Instagram Line Mail 2 Phone Phone 2 Minus Plus Arrow right Arrow left (variant 2) Arrow right (variant 2) Brand logo Brand logo not filled Hamburger Flag of the Hong Kong Flag of the US/GB Flag of the US/GB Flag of the US/GB Flag of the China Flag of the China Flag of the China (traditional) Flag of the Taiwan Flag of the Hong Kong Flag of the Spain Flag of the Russia Flag of the France Flag of the German Flag of the Portugal Flag of the Italy Flag of the Poland Flag of the Czech Flag of the Hungary Flag of the Sweden Flag of the Bulgarian Flag of the Finland Flag of the Lithuania Flag of the Denmark Flag of the Croatia Flag of the Estonia Flag of the Norway Flag of the Romania Flag of the United Arab Emirates Flag of the United Arab Emirates Flag of the Indonesia Flag of the Malaysia Flag of the Korea Flag of the Korea Flag of the Samoa Flag of the Vietnam Flag of the Thailand Flag of the Japan Cross Cross large User Arrow down Arrow up Cube Info list Data comunication Clock Slash

Dollar index is trading at 93 level in early Wednesday session

欧元兑美元EURUSD / 黄金走势分析及操作建议(1月21日)

The greenback generally fell against the other major currencies on Tuesday, taking a hit after the US consumer confidence data. Dollar index touched 93 mark below and bounced, finishing the two days rally.


During the Asian session on Wednesday, the Asia-Pacific stock markets were mixed, following the mixed momentum Wall Street overnight, of which the Dow retraced, while the Nasdaq and S&P both made another new high.


So far, the dollar has no obvious rebound as traders were cautious about the coming US economic data announcement. The US consumer confidence tumbled to its lowest level in more than six years, causing pressure to the dollar.


On the other hand, the market is very concerned about the important speech by the Fed Chairman Powell on Thursday. Now, the market believes that the Fed may set a new target for inflation, likely an average range, meaning that inflation can be allowed to exceed 2%, which may be negative for the dollar outlook.


Share on facebook
Share on twitter
Share on linkedin