US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets
US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets 2021-01-22 07:30:00 Daniel Moss, Analyst US Dollar, DXY, Fiscal Stimulus, Coronavirus Vaccinations, Jobless Claims – Talking Points: Risk appetite notably faded during APAC trade as tightening coronavirus restrictions in Hong Kong weighed on market sentiment. Loose monetary policy conditions and the prospect of additional deficit spending may cap the US Dollar’s potential upside. The US Dollar Index (DXY) looks set to revisit the yearly lows as pric...