Home Business Dollar: week could close higher, less than a ‘surprise’ from household confidence

Dollar: week could close higher, less than a ‘surprise’ from household confidence

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Uncertain movements this morning for the dollar (Dollar index down slightly to 92.78) which strengthened widely in the session before, revising the highs of three weeks ago. Yesterday the greenback was supported – underline the experts of Intesa Sanpaolo’s research department – by US data (unemployment benefits, Philly Fed and retail sales) which all turned out to be better than expected, also favoring an increase in yields. “The data on household confidence is also expected to be positive today. Unless, therefore, a disappointment, the dollar could start to close the week higher, waiting for even more important insights from next Wednesday’s FOMC”.

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