US dollar and DXY

The US dollar still maintains some strength after the DXY recorded the last peak at 103.78, before the results of the Job Openings and Labor Turnover Survey (JOLTS) were released today.

Also this week, the US dollar is awaiting many important indicators that affect its trading, starting from tomorrow, Wednesday

The 1.4% decline in first-quarter GDP released last week may catch the eye of the FOMC with high inflation readings and waning positivity labor market data support prospects for a follow-up rate hike

104 to 104.70 a very possible target in the coming period and we may see more
Beyond Technical AnalysisdollardollarindexDXYfedFOMCForexFundamental AnalysistradingTrend AnalysisUSD (US Dollar)

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