Whenever
the Dow Jones closes @16080- 16168 range; the US Dollar Index (DXY)
would likely be in the range @96.05- 96.51 basis point levels. A mix
data for the NFP#'s was favorably carried by the unemployment rate that
provided a positive tone for the reserve currency. Meanwhile the effects
from negative sentiments and market uncertainty still prevails. Will
watch where the closing prices would be at and that a trend continuation
towards the 2nd trading week for the new month of September can be
expected.
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| DXY Mid-day Market Overview |
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