These Factors Could Move the US Dollar in the Weeks Ahead
Last week, the US Dollar Index (UUP) fell 0.67% to end at 93.5. It gave up some of its gains due to short covering in the FX (foreign exchange) markets and a decline in US bond (BND) yields. The US dollar (USDU) will likely take cues from US economic data and a series of central bank meetings scheduled for this week.