The US dollar is uncontrollable. Data on unfinished sales in the housing market - Ester Holdings
|

The US dollar is uncontrollable. Data on unfinished sales in the housing market

The US dollar continues to exert pressure on the main competitors against the background of positive data on the US GDP for 4 qutr. See “The US dollar maintains a strong position. Data on the US GDP”. Additional support for US currency is provided by data on unfinished sales in the real estate market in the United States.

  • According to published data, the index of unfinished sales in the real estate market grew in February by 3.1%, against the decline in January at the level of -5.0%.

The US dollar index, during today’s trading, was fixed above the resistance line of the downward channel on H1, against which further recovery is possible. In turn, the growth of the US dollar index is limited by the overbought of the American currency, as indicated by the position of the movings of the Stochastic Oscillator on H1.

Fig. Graph of the US dollar index. The current price of DXY is 89.50.

 

Alexander Sivtsov


Аналитическая рассылка

Analytical newsletter
Subscribe to the analytical newsletter to be up-to-date with current events!

Вы с украины?