Important US data waits for the Dollar index (USDX) today
Yesterday the dollar index rose to its best levels of the year to day, when it lifted to as high as 107.34. Now of course the slide in the USD/JPY put an end to that move, but it did not derail the trend. The index rebounded from a relapse to as low as 106.90, to later close in the US at exactly 107.00. The price is higher this morning after rising back to as high as 107.19. So, we have not yet broken any fresh ground and might have to wait for some important US data due out later on today. The first of two important reports is the latest ADP privately sourced September payroll report, at 12.15pm GMT and then at 2pm GMT, the equally important (if not more so) ISM service sector index. There will be more to add on those prospects later this morning. Meantime, the USD index is just now close to session highs again
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