Will USD/JPY make upswings following the resistance levels already met in 2020?
Tag - jpy - japanese yen
Watch the daily video to project the possible trajectory scenarios for the main assets in Forex and commodities in the mid-term!
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!
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!
Vaccine rollout, the slowdown in the pandemic, and expectations of stimulus in the United States push up the riskier assets and hurt the USD…
World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss.