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The US dollar initially dipped lower during the trading session on Thursday but then turned around to show signs of strength.
EUR/USD has hit a fresh three-week low below 1.1070 as optimism from better-than-expected German PMIs fades. The data still ...
Despite that, the Parabolic SAR seemed to move below the USD/JPY pair, providing hopes for an immediate upward drift.
Analysts at MUFG Bank, expect the USD/JPY pair to trade with a neutral bias next week in the 105.00 - 107.50 range. “USD/JPY ...
It’s often like this prior to market-moving events. Prices keep trading in a narrow consolidation, dropping subtle clues here ...
"The Eurozone PMI outcome takes a bit of pressure of EUR/USD, which has been stuck in a minuscule 50-tick ... With no Brexit news, we still like shorts in EUR/JPY (or GBP/JPY for that matter)," says ...
I see further upside ahead for the JPY/USD. Just under two weeks ago, I made the argument for further upside in the yen versus the greenback. The primary reasons I made this argument were ...
For its part, the Yen is benefiting greatly from the current climate of risk aversion. Breathing temporarily in contact with ...
While above the 2908.55 level, focus remaining on a further grind to the upside. Safe havens have had a mixed day so far with gold down against USD, while JPY trades higher. The pullback in equities ...
For four consecutive trading sessions, the USD/JPY is unable to cross the 106.70 resistance level as seen on the provided daily chart below. This confirms the strength of the Japanese yen as a safe ...