Let’s face it: the famous safe-haven Japanese yen is the most undervalued major currency right now. Let’s find out the reasons behind this performance of the Japanese currency.
On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…
Watch the key levels for EUR/USD and USD/CAD
Volatility has greatly diminished in USD/JPY. The pair is consolidating in a narrow range on H4, and a breakout is coming.
On Wednesday, the evergreen buck slumped versus the common currency and the UK pound because a dive in American Treasury gains diminished its attractiveness in the face of hopes for dovish news on interest rates from the major US bank…
EUR/USD, XAU/USD, and BRL/USD are key pairs for February 20
GBP/USD regained some ground on the weakness of the USD and the optimism about Brexit.
On Tuesday, the evergreen buck kept slumping for three sessions in a row because dovish remarks from a Fed representative put downward pressure on the US currency…
The most significant event today is the release of the average earnings index for Great Britain at 11:30 MT time.
Find out the key levels for GBP/USD and gold for today
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
Let’s find out what is so special about the pension reform and how it may affect the Brazilian currency.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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