US Dollar / Japanese Yen
Prices By FOLLOWME , in USD
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#OPINIONLEADER##OPINIONLEADER# Markets are staying in risk aversion today with heavy selling in stocks. Expectations on the negotiation between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin are low. Meanwhile, other markets are relatively
Davos, Switzerland (CNN Business)When Ukrainian President Volodymyr Zelensky spoke by video to a packed room at the World Economic Forum in Davos, Switzerland, he thanked the West for its solidarity against Russia. But he also issued a warning to political leaders and business executives: Don't lose
#OPINIONLEADER# Where does money flow in times of financial stress and why? Safe haven assets are financial instruments or commodities that investors turn to in times of stress. We’re not talking about personal stress, not in this article, anyway, but the type of stress seen in the wi
Here is what you need to know on Thursday, May 26: Markets seem to have turned cautious early Thursday ahead of key data releases from the US. The US Dollar Index fluctuates in a relatively tight range above 102.00 following Wednesday's rebound and US stock index futures are down between 0.3% and 0.
The U.S. dollar turned in a sluggish performance on Friday, extending recent weakness, amid easing concerns about interest rate hikes, and data showing a slowdown in the pace of consumer price growth in the month of April. The Commerce Department's report showed the rate of core consumer price growt
EUR/USD: Europe’s shared currency eked out modest gains against the US dollar Thursday, clipping a portion of Wednesday’s 0.5 per cent downside move. Technically, buyers and sellers continue to square off a touch north of the $1.0638 pandemic low (March 2020) on the daily timeframe, demonstrating sc
USD/JPY seeks support The Japanese yen recouped some losses after a drop in February’s unemployment rate. The pair surged to August 2015’s high and the psychological level of 125.00. An overwhelmingly overbought RSI may cause a pullback if short-term buyers start to unwind their bets. As the market
#OPINIONLEADER# DXY: On the Weekly, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance where the 127.2% Fibonacci extension is from our 1st support in line with the horizontal pullback support. Alternatively, price may break 1
#OPINIONLEADER# Monday Morning A typical week in the currency markets kicks off on Monday morning in Wellington, New Zealand. This is the first financial centre in the world to see the dawn of a new trading day. When Wellington opens for business it is very early Monday morning in Asi
Global stocks continued their recovery as investors have rushed to buy the dip. Futures tied to the Dow Jones and S&P 500 have risen by more than 0.50%. If this trend continues, it will be the first weekly gain since March. The same situation happened in Europe, where the German DAX and CAC 40 r
Notes/Observations - Risk appetite finding fresh legs as speculation swirls of a pause in the Fed’s tightening cycle in September Sentiment has shifted to the positive prospect of a slower rate path schedule due to negative economic growth forecasts. -Asia markets closed higher and Europe starts off
The U.S. dollar sank to a one-month low versus major rivals on Friday as traders lowered Federal Reserve rate hike expectations amid signs the central bank might slow or even pause its tightening cycle in the second half of the year. The dollar index (DXY), which measures the greenback against a bas
#OPINIONLEADER# DXY: On the H4, with prices below the ichimoku indicator and past the bollinger band’s basis line in a downtrend, we have a bearish bias that price will drop to our 1st support at 101.560 where the horizontal swing low support, 127.2% Fibonacci extension and 50% Fibona