USD Index: 102/103 appears to be the holding-pattern range at the moment – ING

Market news

23 June 2023

USD Index: 102/103 appears to be the holding-pattern range at the moment – ING

US Dollar Index continues to push higher following Thursday's rebound. Economists at ING analyze DXY outlook.

Focus will be on PMIs across developed countries today

Data-wise, the focus will be on PMIs across developed countries today. While being of secondary relevance to the ISM in the US, we can see some higher-than-normal market impact given the elevated market sensitivity to data at this juncture.

102/103 appears to be the holding-pattern range for DXY at the moment and we could see that hold into next week.

Currencies. Daily history for Friday, June 23, 2023

Commodities. Daily history for Thursday, June 22, 2023

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