Expect further USD price consolidation (or slight weakness) as we move towards a potential US government shutdown this Friday. Look out for headlines regarding this news, paying particular attention indicating if US lawmakers have come to the agreement to avoid a shutdown.
DXY has bounced off the 90.40 support level, but until the shutdown has been avoided, this bounce could be considered only as a technical play.
DXY has bounced off the 90.40 support level, but until the shutdown has been avoided, this bounce could be considered only as a technical play.