ECB President Lagarde offered EUR/USD a free pass to head higher.
Tag - jpy - japanese yen
The ECB confirmed they are not planning to change the course of the EUR: all aboard!
With no major U.S. economic reports scheduled for release today, the U.S. dollar is set to take its cue from political and pharmaceutical headlines.
EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.
EUR/USD, GBP/USD, USD/JPY and AUD/USD go down…
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
Gold continues to stand below the 23.6% retracement area. Bears gain strength.
Is the British Pound likely to crush the long-term resistance against the JPY?
The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
While the GBP is struggling through Brexit worries, the EUR is taking over the USD.
The JPY is the strongest and the GBP is the weakest as the European afternoon session begins. Jump in for the fresh analysis!