Skip to main content

Dollar index (USDX) rebound continues as EUR/USD falls closer to 1.0900

The recovery  of the dollar into the month end has extended further. That has seen the USD index (USDX) rise further above 103.00. The index had closed in the US last night at 102.76. It has now recovered above 103.30 and closer to 103.50. This is mostly being delivered by a further drop in the EUR/USD. That has now dropped closer to the 1.0900 handle. Of course the Euro accounts for the largest part of the currencies that make up the index. The EUR/USD has recently hit a session low at 1.0910. It is trying to rebound just now, but overall the price action is negative.

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!