US Dollar Takes a Breather after Fed Hawks Boosted it. Will USD/JPY Climb Again?
US Dollar, USD/JPY, AUD, NZD, Fed, China, Crude Oil, Gold – Talking Points US Dollar resumed strengthening but softens in Asian trade The Fed reminded markets of their intention and equities responded If China’s reopening goes smoothly, will the USD be impacted? Recommended by Daniel McCarthy Forex for Beginners The US dollar is slightly weaker […]
S&P 500 Toes Technical Cliff, Dollar Has Lost Half of its Rate Era Climb, Event Risk Uneven
S&P 500, Dollar, Monetary Policy, Recession, EURUSD and USDJPY Talking Points: The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDCNH Bearish Below 7.0000; USDJPY Bullish Above 127.00 The S&P 500 posted its biggest weekly advance in 2 months to the threshold of breaking its bear trend while the Dollar posted an equivalent historical loss […]
EUR/USD and EUR/JPY Could Climb Further Higher – Analytics & Forecasts – 11 January 2023
EUR/USD is eyeing an upside break above the 1.0750 resistance zone. EUR/JPY is rising and might climb further higher above the 142.50 resistance. Important Takeaways for EUR/USD and EUR/JPY · The Euro started a fresh increase above the 1.0650 resistance zone. · There is a key contracting triangle forming with resistance near 1.0745 on the […]