요약:The DXY recently picked up a small risk-averse bid as the US presidential election is approaching.
WikiFX News (19 Oct.) - The DXY recently picked up a small risk-averse bid as the US presidential election is approaching. Thus the US dollar is expected to rise on the fading optimism about fiscal stimulus.
The US presidential election only has less than a month to go, with the polls strongly favoring Biden. President Trump is unlikely to give up without a fight, leaving the dollar underpinned by the anti-risk buying ahead of the vote.
This week, investors are more likely to look at the US stimulus bill negotiations which seem gridlocked ahead of the election despite months of discussion. Besides, the earnings calendar is busy next week with market heavyweights Procter & Gamble, Netflix, Tesla, and Intel Corp all worth keeping an eye on.
Technically speaking, the DXY slightly rebounded after bottoming out around 93 with this support enduring in the short-term. Meanwhile, the DXY seems to have difficulty breaking the 20-SMA even it has breached above the 50-SMA. Once penetrating recent highs, the DXY is possible to further test the 94.79.
All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/wikifxIN
Chart: Trend of DXY
부인 성명:
본 문서의 견해는 저자의 개인적인 견해를 나타낼 뿐이며 본 플랫폼에 대한 투자 자문을 구성하지 않습니다.본 플랫폼은 기사 정보의 정확성, 완전성 및 적시성을 보장하지 않으며, 기사 정보의 사용 또는 의존으로 인한 손실에 대해서도 책임지지 않습니다.