The index extends the upside momentum to new tops.
The Dollar remains bid ahead of the Jackson Hole event.
Weekly MBA report, flash PMIs, housing data next on tap.
The greenback extends its march north and reaches new two-month peaks around 103.70 when tracked by the USD Index (DXY).
USD Index looks at data, risk trends
The index adds to Tuesday’s recovery and maintains the six-week positive streak well in place so far, although this time amidst some loss of momentum in US yields across the curve.
In the meantime, the bid bias appears unchanged around the buck ahead of the key Jackson Hole Symposium and the speech by Chairman Powell, both events scheduled for the latter part of the week
In the US data space, weekly Mortgage Applications gauged by MBA, advanced Manufacturing and Services PMIs and New Home Sales are all due later in the NA session
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