The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
USD/JPY: forecast for August 14-18
Japanese yen is in demand as a safe haven as tensions between the United States and North Korea keep escalating. US dollar is hurt by weaker consumer and producer inflation figures and less hawkish comments of the Federal Reserve members.
The pound is highly volatile after a Brexit referendum. Have a look what other factors affect the UK currency. And get clues on future movements of GBP.
This is Forex trading plan for Thursday, May 24…
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.