Watch this space because FXTM’s USDInd could be jolted by economic and political forces! It’s all about the Biden vs. Trump faceoff and US PCE deflators which may translate to heightened dollar volatility this week.

After bouncing within a 1000-point range since mid-May, FXTM’s USDInd is on breakout watch! A high-risk cocktail featuring the European Central Bank (ECB) and US jobs report could rock the index this week.

The recent resurgence of the meme-stock mania and cooling US inflation data have certainly made this an eventful week for markets! Here are how these discussed instruments performed this week.

The week ahead is jampacked with top-tier data and speeches by numerous policymakers. But the spotlight shines on the incoming US inflation data which may rock FXTM’s USDInd.