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DXY holding up over 90.00 after uneventful session last night

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DXY holding up over 90.00 after uneventful session last night

ByScott Andrews


US index 09 06 2021

 

The Trade Balance data was -68.9B Forecast: -68.5B, Previous: -75.0B revised from -74.4B, released yesterday indicated a decline in goods and services deficit for April and the JOLT job openings came out at 9.286 million compared with 8.3 million forecast indicating an increased labor force demand. These data releases didn’t push the US dollar significantly higher and it found an intra day ceiling at 90.14, I have entered a EURUSD buy trade from 1.2165 with the stop loss at 1.21980 and the TP at 1.21480.

On Thursday at 20:30 GMT+8 there is Core CPI month on month to be released, initial jobless claims and also the ECB press conference.

I will be leaving the EURUSD trade open for now with no significant news out for the US dollar today.

DXY holding up over 90.00 after uneventful session last night

Edited 09 Jun 2021, 10:55

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