US Dollar ) sell-off seen over the past few sessions showed tentative signs of stabilisation. DXY was last at 99.66 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Daily momentum is mild bearish
"US assets regained some lost ground, with UST and equities finding some demand overnight. Gains in safe haven proxy FX, including CHF, JPY and EUR slowed. FX vols have also eased, albeit still near elevated levels."
"Overnight, Trump was said to consider possible exceptions to his tariffs on imported vehicles and parts to give auto companies more time to set up manufacturing in the US. The temporary respite should see retracement trades from recent outsized moves in the FX markets."
"Daily momentum is mild bearish but RSI shows signs of turning higher from oversold conditions. Resistance at 100.5, 101.20 levels. Support at 99.5, 99.1 levels. Week ahead brings empire manufacturing tonight, retail sales and IP tomorrow, followed by housing data on Thursday."
作者：FXStreet Insights Team，文章来源FXStreet_id，版权归原作者所有，如有侵权请联系本人删除。
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