XE Market Analysis: Currency Markets Trade Cautiously Amidst Political Gridlock

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OVERVIEW

  •  The US dollar index, DXY, is flat around 95.32, against other major currencies. 
  • Chinese macro data shows its economy is stalling, while their GDP is growing aa round a 6.4% rate.
  • NYMEX WTI Crude made gains of 0.17% to $53.90, a nine-week high.

HIGHLIGHT