{"id":50925,"date":"2021-09-16T22:45:57","date_gmt":"2021-09-16T18:45:57","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=50925"},"modified":"2021-09-16T22:46:00","modified_gmt":"2021-09-16T18:46:00","slug":"us-dollar-spiked-up-to-a-fresh-september-high","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-dollar-spiked-up-to-a-fresh-september-high\/09\/16\/market-updates\/forex-markets\/","title":{"rendered":"US Dollar Spiked Up to a Fresh September High"},"content":{"rendered":"\n<p>The US dollar fitted a quick move of strength and spiked up to a fresh September high, Thursday, on the back of official report on strong retail sales. <br>This helped the USD to push above a big zone of resistance.<br>From a short-term basis, buyers are trying to hold the move by showing support around the topside of that prior resistance zone, around 92.95 by 0.43% from 92.51 yesterday. This accelerating trend has attracted the attention of observers last Monday as resistance in DXY.<br><br>The big question, now, is whether buyers are able to sustain Thursday\u2019s move. But, with this morning\u2019s really strong retail sales report pushing  above range resistance, there could be scope for further strength as investors and traders position are eying rate decision next Wednesday. <br><br>Next week, traders will eye the meeting on the Federal Reserve Interest Rate, which will be a big event with the an anticipated  announcement of plans for tapering asset purchases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar fitted a quick move of strength and spiked up to a fresh September high, Thursday, on the back of official report on strong retail sales. This helped the USD to push above a big zone of resistance.From a short-term basis, buyers are trying to hold the move by showing support around the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":45576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37],"tags":[6867,7445,7002,6871],"class_list":["post-50925","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","tag-federal-reserve","tag-interest-rate","tag-retail-sales","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=50925"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50925\/revisions"}],"predecessor-version":[{"id":50934,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50925\/revisions\/50934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/45576"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=50925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=50925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=50925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}