USD Index Outlook: DXY Recovery May Fizzle Out Ahead of US Jobs Data

August 20, 2020 at 08:00AM

The US Dollar index ‘s (DXY) recent recovery may fizzle out as investors eye upcoming US jobless claims data. Continue Reading…

From: Daniel Moss
Selected by fonecable.com

Search Web: USD Index Outlook: DXY Recovery May Fizzle Out Ahead of US Jobs Data

NEWS: Dollar moves off lows as earlier trends reverse September 30, 2020 at 08:30PM
NEWS: Mnuchin says there is still no agreement on stimulus deal September 30, 2020 at 08:17PM
Dow rises more than 350 points, cutting September’s losses
NEWS: Seasonals: October tends to be a strong month for US equities, except in election years September 30, 2020 at 08:06PM
NEWS: Gains melting away in US equities September 30, 2020 at 07:55PM

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easycM6CaC — ADVERTISEMENT

Free Currency Card in the UK; Free Account

easypM6CaP — ADVERTISEMENT

Free Currency Card in the UK; Free Account

DailyFX - Market News Daniel Moss Topbanner

FX Street

Canada: Real GDP grew by 3% in July as expected 30 September 2020

Following a 6.5% expansion in June, the economic activity in Canada, as measured by the real Gross Domestic Product (GDP), grew by 3% in July, the dat

Chile Industrial Production (YoY) declined to -4.8% in August from previous -3.3% 30 September 2020

Chile Industrial Production (YoY) declined to -4.8% in August from previous -3.3%

Chile Industrial Production (YoY): -8.2% (August) vs previous -3.3% 30 September 2020

Chile Industrial Production (YoY): -8.2% (August) vs previous -3.3%

GBP/USD Price Analysis: Manages to hold above 200-hour SMA, 1.2800 mark 30 September 2020

The GBP/USD pair maintained its offered tone through the early North American session, albeit has still managed to hold its neck above the 200-hour SM

US: Real GDP contracts by 31.4% in Q2 vs. 31.7% expected 30 September 2020

The United States' Real Gross Domestic Product (GDP) contracted at an annual rate of 31.4% in the second quarter, the US Bureau of Economic Analysis'

United States Personal Consumption Expenditures Prices (QoQ) above expectations (-1.8%) in 2Q: Actual (-1.6%) 30 September 2020

United States Personal Consumption Expenditures Prices (QoQ) above expectations (-1.8%) in 2Q: Actual (-1.6%)

United States Core Personal Consumption Expenditures (QoQ) came in at -0.8%, above expectations (-1%) in 2Q 30 September 2020

United States Core Personal Consumption Expenditures (QoQ) came in at -0.8%, above expectations (-1%) in 2Q

United States Gross Domestic Product Price Index below expectations (-2%) in 2Q: Actual (-2.1%) 30 September 2020

United States Gross Domestic Product Price Index below expectations (-2%) in 2Q: Actual (-2.1%)

United States Gross Domestic Product Annualized above forecasts (-31.7%) in 2Q: Actual (-31.4%) 30 September 2020

United States Gross Domestic Product Annualized above forecasts (-31.7%) in 2Q: Actual (-31.4%)

Canada Gross Domestic Product (MoM) meets forecasts (3%) in July 30 September 2020

Canada Gross Domestic Product (MoM) meets forecasts (3%) in July

Canada Raw Material Price Index up to 3.2% in August from previous 3% 30 September 2020

Canada Raw Material Price Index up to 3.2% in August from previous 3%

Canada Industrial Product Price (MoM): 0.3% (August) vs previous 0.7% 30 September 2020

Canada Industrial Product Price (MoM): 0.3% (August) vs previous 0.7%

Pound Sterling Price News and Forecast: GBP/USD to end the year at 1.29 on a modest Brexit deal – CIBC 30 September 2020

The GBP/USD pair refreshed daily lows during the early European session, albeit managed to find some support ahead of the 1.2800 mark and quickly reco

Pound Sterling Price News and Forecast: GBP/USD – Sterling set to lose 1.28 after ugly US debate [Video] 30 September 2020

The outlook for Cable has become rather uncertain in the past couple of weeks. Breaking down below 1.3000 lost the bulls their control. However, the s

Breaking: US private sector employment rises by 749K in September vs. 650K expected 30 September 2020

Employment in the US' private sector rose by 749,000 in September, the monthly data published by the Automatic Data Processing (ADP) Research Institue

United States ADP Employment Change came in at 749K, above expectations (650K) in September 30 September 2020

United States ADP Employment Change came in at 749K, above expectations (650K) in September

EUR/GBP Price Analysis: Refreshes session low, downside seems limited 30 September 2020

The EUR/GBP cross struggled to preserve its early gains to the 0.9155 region and retreated around 45 pips from weekly tops, hitting fresh session lows

Canadian GDP Preview: Loonie shows no deference to data, USD/CAD prone to breach 1.3420 – TDS 30 September 2020

Canadian GDP data due out on Wednesday, September 30, holds little consequence for the loonie. Instead, broad USD variation and risk sentiment are the

India Federal Fiscal Deficit, INR increased to 8703.47B in August from previous 8213.49B 30 September 2020

India Federal Fiscal Deficit, INR increased to 8703.47B in August from previous 8213.49B

South Africa Trade Balance (in Rands) above expectations (29.7B) in August: Actual (38.87B) 30 September 2020

South Africa Trade Balance (in Rands) above expectations (29.7B) in August: Actual (38.87B)

USD Index Outlook: DXY Recovery May Fizzle Out Ahead of US Jobs Data

August 20, 2020 at 08:00AM

Search Web: USD Index Outlook: DXY Recovery May Fizzle Out Ahead of US Jobs Data

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Free Currency Card in the UK; Free Account

ADVERTISEMENT

ADVERTISEMENT

Free Currency Card in the UK; Free Account

Related Listening

Leave a Reply Cancel reply

Gold Price Drop May Continue as Fed Stimulus Hopes Unravel

NEWS: Dollar weakness to drag on? August 20, 2020 at 07:50AM

August 20, 2020 at 08:00AM

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

Leave a Reply Cancel reply

Related Post