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