US Dollar Index can probably drift back to the 102.00 area – ING
|Today's session will focus on US small business optimism ahead of important US releases later in the week. Economists at ING expect the US Dollar to stay mildly offered.
A further drop in pricing intentions could soften the Dollar slightly
“For today, the focus will be on the NFIB small optimism index. Any sharp fall in optimism and especially a further drop in pricing intentions could soften the US Dollar slightly.”
“US Dollar Index (DXY) can probably drift back to the 102.00 area.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.