Overview:
The US Dollar Index trades near 96.50 after soft Retail Sales data, with markets cautious ahead of the US Nonfarm Payrolls (NFP) release.
Technical Levels:
Insight:
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A weak NFP could push DXY toward 96.00.
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A strong NFP may trigger a sharp rebound toward 97.20.
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Market sentiment is defensive; watch Treasury yields and Fed commentary for short-term volatility.
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