Daily Insight -- Positive start for hryvna
​The DXY on Monday traded in the 92.787-93.530 range, which is beneath Friday's 93.259. Investors are concerned about political uncertainty in the US and whether the Fed will raise its key policy rate this year. Despite the acceleration of the US economy's growth in the second quarter, which came in slightly less than expected, it missed its inflation target. The implementation of tax reforms and fiscal stimulus by the Trump administration are weighing on the dollar. By the end of Monday, the DXY declined 0.4%, to 92.86.
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