USD continues to coil

Whilst the US and most other world equity markets saw a positive start to the week, the USD settled moderately higher, +0.3% @ DXY 94.56. The 92/90 zone remains on track to be hit.. before a hyper ramp to the 120s.


USD, daily2

USD, weekly

Summary

Considering the mid term trend since the March high of DXY 100.71, the 92/90 zone still looks very much on track within the next few weeks.
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Looking ahead

Tuesday will see Durable goods orders, FHFA house price index, PMI manu', new home sales, Richmond Fed'.

No doubt though, the market will be more focused on Greece.. with sporadic headlines probable across the day.
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Goodnight from London