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China Trade Balance increase to 18.16B in Apr from -0.884B

Forex: US Dollar Index still struggling to find direction on daily chart

The US Dollar Index finished the day flat at 82.37. However, the pair was able to overcome early weakness and at one point traded as low as 82.12. The DXY has been in an extremely choppy range since late February, with neither party able to establish substantial follow through for a sustained period of time. Economic data out of the US will be light the majority of the week which could continue to keep the index range bound
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China Imports (YoY) increase to 16.8% in Apr from 14.1%

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