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DXY hovers at 2yr high

USD
  • USD stays mixed overnight, leading against the Yen, up 0.54% and down 0.79% versus the Aussie, following the Australian inflation beat overnight.
  • Despite the Dollar trending in the red against the AUD, NOK, SEK, CAD, NZD and the Pound, DXY hovers at the highest level since 2020.
  • The big upside level here, is at the 2020 peak 102.992, which was also the highest level since January 2017.
  • Next psychological support for the EURUSD will be seen at 1.0600.

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