Dollar Index (DXY) evolution

09 March 2010 @ 11:18 am EDT

The Dollar Index (DXY) is climbing 0.4% so far, operating at 80.79 points. The DXY climbs are due to the rise of risk aversion, which fuels a bigger demand for the greenback as a safe haven. Since the session open, the indicator hit a 80.86 high and a 80.41 low.

For the next hours, if the US macro data beat expectations, the DXY could seek 86.80, hit hours ago.

Copyright 2009, Advanced Currency Markets SA, Forex Broker, All Rights Reserved

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