Índice Futuro Dólar US

USD Bullish Reversal Into Resistance - Next Week Is Pivotal

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The Fed have pushed back on committing to another 25bp cut in December, maintaining a data-dependent stance. Traders will keep a close watch on next week’s ADP employment and ISM reports to gauge the likelihood of a Christmas cut from the Fed. I update my longer-term outlook for the US dollar index and review the FX majors to pick out the strong from the weak.

Matt Simpson, Market Analyst at City Index.

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