Concerns about the coronavirus clash with hopes of recovery. Traders await the US jobs data. Watch the video to find out what this means for the major pairs!
Tag - jpy - japanese yen
If the pair crosses this level, it will surge further, otherwise – reverse. Check it out.
The day has started with a stronger dollar, as bulls pushed USD/JPY higher.
Investors are still indecisive between the second wave virus fears and smoother recovery hopes, so we have unsure shaky risk-on spots at a generally mixed market background.
During this relatively mild trading session let's look at the moves of USD/JPY, Gold and S&P 500.
Have you seen the USD? It lost value against the EUR and JPY - a rare situation - grab it!
Mixed messages from the US policymakers and mixed market sentiment. Watch the video to great ideas for trading in such an environment!
June is not as straightforward as May was in terms of moods. USD/JPY reflects that in an interesting way - use that in your trade.
The US-China trade deal and upcoming PMI are in focus of traders' attention.
While economies restore capacities, the market is now a hostage of second-wave virus fears. How to use such an environment to make profits?
The market's sentiment is generally neutral and indecisive, although still positive and inclined to risk.
The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.