News / Forex / Dollar Index Stays Steady as European Data Weakens: Focus Shifts to U.S. Economic Reports
Dollar Index Stays Steady as European Data Weakens: Focus Shifts to U.S. Economic Reports
Published: 10.09.2024 by Noirbull
The Dollar Index (DXY) is holding at $101.664, slipping by 0.01%. Weaker-than-expected investor confidence data from Europe, reported at -15.4, continues to weigh on the dollar.
Attention now shifts to upcoming U.S. economic events, including the NFIB Small Business Index and speeches from two Federal Reserve officials.
Markets are also closely monitoring upcoming reports on wholesale inventories and consumer credit for further insights into the direction of the U.S. economy.
Attention now shifts to upcoming U.S. economic events, including the NFIB Small Business Index and speeches from two Federal Reserve officials.
Markets are also closely monitoring upcoming reports on wholesale inventories and consumer credit for further insights into the direction of the U.S. economy.
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