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Byscott.andrews275

 MAY 7, 2021

USD index 07 05 2021

The US dollar fell after failed attempts to get through 91.30 and price moved down to just below 90.90 before a small bounce. Labor Department reports released last night suggests that productivity is higher than first quarter 2021 and increased more than expected. With NFP coming out tonight at 20:30 GMT+8 time zone I will be looking for the US dollar to move lower through 90.80 and ideally find support back down at 90.50 for buying opportunities.

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