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USD
The shift higher in U.S. Tsy yields supported the greenback on Monday, with the broader DXY reclaiming the losses observed since the Dec 28 close. That leaves the horizontal support and resistance lines drawn off the extremes of the range in play since Nov 24 as the initial technical reference points.
Fig.1: U.S. Dollar Index (DXY)
Source: MNI - Market News/Bloomberg
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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