US Dollar Index Fell to 95.80 Level

US Dollar Index Fell to 95.80 Level

• DXY received support at 95.80 in Wednesday. • Sensitivity to risk keeps the dollar under pressure. The US dollar recovered some coolness after hitting a bottom of around 95.80 on Wednesday, reaching 96.00 when it was watched by the US Dollar Index (DXY). The index is having its fourth consecutive week in the negative region so far. It is always under heavy pressure against the usual backdrop of improved emotions in the risk complex. An interesting session will take place on the US side, as Retail Sales will be tracked by the Philly Fed Index, weekly Demands, Business Inventories, NAHB index and TIC Flows. The continuing epidemic of the COVID-19 in the USA and the world, and the news of a potential vaccine that markets can be developed, increase the sensitivity in the global markets and keep the dollar under pressure.