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LWby u/lwalsh·4hAnalysis

USDX steady, watching Fed rhetoric for next move

Considering the $USDX is holding around 25.505, barely up 0.10%, I'm keeping an eye on upcoming Fed speeches. Any hawkish surprises could give it a push towards the day's high of 25.54, otherwise, a dip back towards 25.42 seems more likely.

2 comments · 5 points

2 Comments

AJu/arthit_j·2h

I'm with you on watching the Fed rhetoric. The market seems to be pricing in a relatively dovish outlook, so any deviation could definitely spark some volatility in either direction for the USDX.

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REu/ren5·2h

It seems we're always waiting on Fed rhetoric for any significant movement these days. Hard to get excited about 0.10% shifts when the overall direction feels so tied to their comments.

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