XE Market Analysis: US Dollar is Limping Towards a T-Junction

OVERVIEW

  • The DXY Index is sliding lower, down 0.15% as global sentiment turns bearish on the USD 

  • GBP/USD is trading on optimistic sentiment of a Brexit breakthrough and trading higher ahead of GDP figure

  • WTI crude oil steadies near 2019 high, after strengthening 7.5% month to date