USD/JPY is climbing higher. Will it continue? Check the article.
Tag - jpy - japanese yen
EU's von der Leyen supports that EU team will go to London next week to 'intensify' negotiations
The formation of the descending triangle pattern indicates further falling of USD/JPY!
Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.
The number of Americans applying for initial unemployment benefits unexpectedly increased to 898,000 last week, its highest since late August, compounding fears that the recovery in the labor market is stalling
Treasury Secretary Mnuchin, after speaking with House Speaker Pelosi, said stimulus talks are still far apart and it is difficult to get anything done before the election but will keep trying.
US futures fell early in pre-US market open trading as investors' hopes that earnings season would provide some upward impetus waned.
Investors are watching tensions between the European Union and Britain after the EU demanded "substantive" movement on Tuesday on fisheries, dispute settlement and guarantees of fair competition in their talks on a post-Brexit trade deal.
Key levels for gold, oil, EUR/USD, GBP/USD, and other currency pairs!
US stocks are seen opening mixed Tuesday, with the tech sector outperforming ahead of important news from Apple and Amazon, while investors also wait for earnings from the key banking sector.
European stock markets are seen opening mixed Tuesday, with investors having to sift through the conflicting impulses of strong Chinese export data and a setback in the progress towards a Covid-19 vaccine.
The USD has weakened on hopes of stimulus in the United States. Watch the video to get the outlook for the major pairs!