{"id":104477,"date":"2020-09-10T17:45:30","date_gmt":"2020-09-10T16:45:30","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104477"},"modified":"2020-09-10T17:45:30","modified_gmt":"2020-09-10T16:45:30","slug":"104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\/","title":{"rendered":"US Dollar Index moves lower towards 93.00 ahead of data"},"content":{"rendered":"

DXY extends losses towards 93.00
\nSelling pressure picked up near 93.70 on Wednesday.
\nAttention turns to Initial Claims, Producer Prices on the US economic calendar<\/p>\n

The US Dollar Index (DXY), which measures the US Dollar against a basket of major currencies, \u00a0extends losses testing \u00a093.00 \u00a0on Thursday.
\nUS data in focus<\/p>\n

After running out of steam at the 93.65\/70 band on Wednesday, DXY started to correct, moving southwards meeting support around 93.00 in the latter part of the week.<\/p>\n

After several sessions of gains the US Dollar saw strong resistance around 93.70, the monthly peak, following comments from ECB officials which boosted risk appetite \u00a0on Wednesday.<\/p>\n

Looking ahead \u00a0weekly Claims and Producer Prices (Aug) will be in focus. Investors will also be watching ECB monetary policy meeting closely. No changes to the interest rates are expected., where consensus has practically ruled out any modification of the benchmark rates.<\/p>\n","protected":false},"excerpt":{"rendered":"

DXY extends losses towards 93.00 Selling pressure picked up near 93.70 on Wednesday. Attention turns to Initial Claims, Producer Prices on the US economic calendar The US Dollar Index (DXY), which measures the US Dollar against a basket of major currencies, \u00a0extends losses testing \u00a093.00 \u00a0on Thursday. US data in focus After running out of […]<\/p>\n","protected":false},"author":163946597,"featured_media":5621,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1381],"tags":[3135,1398],"class_list":{"0":"post-104477","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usd","8":"tag-dxy","9":"tag-usd"},"acf":[],"yoast_head":"\nUS Dollar Index moves lower towards 93.00 ahead of data - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"US Dollar Index moves lower towards 93.00 ahead of data\",\"datePublished\":\"2020-09-10T16:45:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\\\/\"},\"wordCount\":151,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100651-gbp-usd-non-farm-payroll.jpg\",\"keywords\":[\"DXY\",\"usd\"],\"articleSection\":[\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104253-us-dollar-index-moves-lower-towards-93-00-ahead-of-data\\\/\",\"name\":\"US Dollar Index moves lower towards 93.00 ahead of data - 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