• Another Lamborghini from Salma!Maybe it will be you who will take the keys!

    Just make a deposit of at least $1,000 to your account!

    Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

    Salma – invest in your victories!

  • toolbarCollapseOpenAccount_1
  • Salma Client Cabinet

    • Personal settings
    • Access to all Salma services
    • Detailed statistics and reports on trades
    • Full range of financial transactions
    • System of managing several accounts
    • Maximum data protection
  • cabinet_client1

Company News

Determining the mission to give traders opportunities in every second, SalmaMarkets has been attempting to provide clients with as many advantages as possible.

demo Company News

US Dollar losing the grip to the 94.50 region, US data eyed

Hasil gambar untuk US Dollar losing the grip to the 94.50 region, US data eyed

The US Dollar Index (DXY), which tracks the greenback vs. its main rivals, is losing momentum on Wednesday and trades in the area of daily lows in the 94.55/50 band.

US Dollar looks to data

The index is fading part of yesterday’s advance today, finding decent support around the 94.20 zone, where sits the key 21-day sma, always amidst declining US yields and trade jitters.

In fact, the greenback keeps the erratic performance so far this week, as investors remain vigilant on the developments from the US-China-EU trade front, at the same time prompting the sentiment to remain biased towards the risk-off trade.

Adding to the downbeat mood around the buck, yields of the key US 10-year note area dropping to fresh lows in the 2.85% neighbouhood, area last visited in late May.

In the US data space, May’s Durable Goods Orders and advanced Goods Trade Balance are coming up next along with speeches by FOMC’s R.Quarles and E.Rosengren.

US Dollar relevant levels

As of writing the index is losing 0.06% at 94.62 and a breakdown of 94.25 (21-day sma) would expose 94.18 (low Jun.26) and finally 94.04 (23.6% Fibo of the April-June up move). On the other hand, the initial barrier emerges at 94.73 (10-day sma) followed by 95.30 (high Jun.20) and then 95.53 (2018 high Jun.22).





Show older comments

ic_info 24/5 Customer Support

Our dedicated team of customer support agents is on hand to provide you with localised support in 10 languages.