US Dollar clings to gains near 95.30

The greenback, tracked by the US Dollar Index, is recovering part of the ground lost on Monday’s sell off and is currently meandering around 95.30.

US Dollar focus on data, Fischer

The index keeps the tight range today, finding support near 95.15 while gains appear capped around 95.35.

The bid tone around USD has been propped up after markets deemed Secretary H.Clinton as the winner of the first presidential debate vs. businessman D.Trump, sparking at the same time a bout of risk-on trade in the rest of the global markets.

Later in the NA session, the S&P/Case-Shiller index is due followed by Markit’s Services PMI and Consumer Confidence tracked by the Conference Board, all ahead of the speech by FOMC VP S.Fischer.

US Dollar relevant levels

The index is gaining 0.07% at 95.36 and a break above 96.01 (200-day sma) would aim for 96.31 (spike post-BoJ Sep.21) and finally for 96.50 (high Aug.5). On the flip side, the immediate support lines up at 94.84 (support line off 2016 low) ahead of 94.44 (low Sep.8) and finally 94.05 (low Aug.18).