US Dollar in red, parked in the mid-95.00s

The US Dollar Index, which tracks the buck vs. its main rivals, keeps navigating the red territory today around the 95.55/50 band.

US Dollar muted post-data

The index remained apathetic following lower-than-expected results from the US calendar today, showing Export Prices and Import Prices have contracted at a monthly 0.8% and 0.2%, respectively, during August.

In the meantime, USD keeps the trade near session lows, always within a narrow range and in line with the rest of the global markets, while cautiousness is starting to swell in light of the upcoming FOMC meeting.

US Dollar relevant levels

The index is retreating 0.10% at 95.54 facing the immediate support at 95.20 (20-day sma) followed by 94.84 (support line off 2016 low) and finally 94.05 (low Aug.18). On the upside, a breakout of 95.58 (high Sep.9) would open the door for a test of 95.83 (55-day sma) and finally 96.25 (high Sep.1).