Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. As a result, the US dollar surged. Watch the video to know the latest news and get some trade ideas for today!
Tag - jpy - japanese yen
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
While the winter in Texas keep WTI oil above $60, gold goes down to November lows on high US Treasury yields. Watch the video for technical analysis of the key Forex assets!
The US stock market was closed on Monday for Presidents Day, but February is still on track to be the strongest month for the major Wall Street indices since November.
The stock market keeps rallying, the US dollar remains weak.
EUR/GBP on track towards fresh nine-month lows. Cable stays on the hunt towards 1.4000 as the dollar keeps more vulnerable for now.
Bitcoin skyrocketed to another record, approaching the milestone of $50 000. Jump in to get the full market wrap!
World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss.
Asian equity markets were subdued in holiday-thinned trade and following a mixed lead from Wall Street.
US stocks are seen edging higher Thursday, continuing the recent strong rally after Fed chief Jerome Powell reaffirmed that the central bank’s monetary policy will remain supportive for some time yet.
Asia-Pac lacked firm direction as risk appetite was sapped by holiday closures for many key markets in the region and following an uninspired handover from the US.