Today's session will focus on US small business optimism ahead of important US releases later in the week. Economists at ING expect the US Dollar to stay mildly offered.
A further drop in pricing intentions could soften the Dollar slightly
“For today, the focus will be on the NFIB small optimism index. Any sharp fall in optimism and especially a further drop in pricing intentions could soften the US Dollar slightly.”
“US Dollar Index (DXY) can probably drift back to the 102.00 area.”
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