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Will Extreme Noise and Volatility Limit US Dollar Gains This Week?

Ricky Cove
Will Extreme Noise and Volatility Limit US Dollar Gains This Week?

What's in Store for Foreign Exchange Markets This Week? The US Dollar Index (UUP) gave up some of its gains as short covering in the FX (foreign exchange) markets and a decline in US bond (BND) yields took their toll. Economic data from the US was limited, but traders’ anxiety about the G7 summit, the US-North Korea summit, and a series of central bank meetings limited any gains in the US dollar.