The US Dollar Index (DXY) has stabilized around 99.55 during the Asian trading session on Tuesday, reflecting a cautious market sentiment as traders await the delayed US Non-Farm Payroll (NFP) data. This level indicates a steady exchange rate against a basket of six major currencies, including the Euro (EUR) and Japanese Yen (JPY), as investors position themselves ahead of key economic indicators.
The anticipation surrounding the NFP release has led to a subdued trading environment, with market participants closely monitoring any potential impacts on the USD's value. As the DXY remains flat, fluctuations in currency pairs could arise once the data is released, influencing trading strategies and overall market sentiment. Traders should be prepared for increased volatility as the economic landscape becomes clearer.
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Data Source: FX Killer Analysis Team Updated: 2025-11-18 04:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.