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Dollar index (USDX) holds gains as European stocks opened mixed
The European stock markets have opened mixed today. The DAX gas lifted above 18k once more, but the FTSE 100 is currently struggling to make headway and it is lower in early trading. At the same time the dollar is making further progress versus the Yen and edging closer to the 154 handle. The EUR/USD has not made any real progress and neither has the GBP/USD. So, the USD index (USDX), which rose above 106 last week, has remained elevated overall. The Index closed in the US on Friday at 106.03. The potential for the index to push towards 107 was highlighted here last week and right now that seems to remain on track. The range seen so far today has been covered by 105.86 to 106.07. It is currently hoeing around that 106 handle just now
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