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US Dollar Holds Gains Ahead of PCE, Consumer Confidence, and ISM Data

KEY TALKING POINTS: PCE, consumer confidence, and ISM data may give insight into USD positioning ahead of NFP next week. GBP/USD, NZD/USD and EUR/USD looking vulnerable despite small bounce.   The Dollar Basket (DXY) is at yearly highs after having its best weekly performance since June. The Dollar has been on a tear this week as currency traders position themselves for an earlier than expected rate rise after last week’s FOMC meeting left a hawkish feeling in markets

MongiIG

MongiIG in Market News

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