The reopening of the United States economy has enabled a fairly clear recovery over the past 4 weeks, the latest statistics are globally favorable even if the road to recovery is still very (very) long. If we place our trust in the FED, the return to the level of December 2019 will wait until 2022, or even 2023 for certain sectors of the economy. It is also for this reason that the American Central Bank uses its unlimited resources to support credit and the price of financial assets on the stock market.

The other priority of the FED is to ensure full employment for Americans. Rehiring has begun but job losses continue each week with a consensus still above one million new jobless claimants in the United States for the announcement this Thursday at 2:30 p.m. In any case, the curve of new registrations at the equivalent of "Pôle Emploi" is strongly downward, it is a positive dynamic in absolute terms.

A good number today would be supportive for the US Dollar (DXY) against a basket of major Forex currencies.

TECHNICAL ANALYSIS OF THE US DOLLAR (DXY) AGAINST A CURRENCY BASKET POSES THE QUESTION: MAJOR TROUGH OR CONTINUATION BEARISH?]

On the technical register, the US dollar has been stable for a week (the translation of the euro dollar range between the support at $1.1240 and the resistance at $1.1350). This is either a bottoming pattern or a bearish continuation range. The weekly cloud of the ichimoku system is a good boundary between the two scenarios. If the price of the euro dollar sinks $1.1240, the signal of a strong rebound of DXY will be given, but we are not there yet.