USD Index treads water around 104.00 ahead of data

The greenback alternates gains with losses around the 104.00 yardstick when measured by the USD Index (DXY) on turnaround Tuesday. USD Index focused o

Eminent issues on the back boiler:

Persistent debate over a soft or hard landing for the US economy. Incipient speculation of rate cuts in early 2024. Geopolitical effervescence vs. Russia and China.Now, the index is down 0.06% at 103.91 and faces immediate support at 103.09 followed by 102.33 and then 101.74 . On the upside, the breakout of 104.44 would open the door to 104.69 and finally 105.88 .Information on these pages contains forward-looking statements that involve risks and uncertainties.

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