US Dollar sticks to gains near 90.20, US docket eyed

• The index sticks to daily gains around 90.20 on Wednesday.
• US-China trade issues keep dominating the price action so far.
• US ADP report, Durable Goods Orders and Factory Orders next on tap.

The greenback, measured by the US Dollar Index (DXY), is alternating gains with loses in the middle of the week, although it so far manages well to keep business above 90.00 the figure.

US Dollar looks to trade, data

The index is looking to clinch its third consecutive daily advance today, at the same time adding further sustainability to the recent breakout of the psychological 90.00 milestone.

In the meantime, US-China trade issues keeps dominating the sentiment in the global markets, while a mild bias towards the risk-on trade pushed yields of the key US 10-year reference to the upper end of the weekly range near 2.79%.

In the US data space, the ADP jobs report is next on tap seconded by Factory Orders, Durable Goods Orders and the ISM Non-manufacturing for the month of March.

 Further events will see speeches by St.Louis Fed J.Bullard (2019 voter, centrist) and Cleveland Fed L.Mester (voter, hawkish).

US Dollar relevant levels

As of writing the index is up 0.03% at 90.21 and a break above 90.44 (high Mar.20) would target 90.93 (high Mar.1) and finally 91.00 (high Jan.18). On the flip side, immediate contention lies at 88.94 (low Mar.27) seconded by 88.44 (low Jan.26) and then 88.25 (2018 low Feb.16).