ONLINE FOREX BROKER
On Friday, the evergreen buck slumped after Donald Trump had the Federal Reserve heavily criticized for lifting interest rates, although it was still on target for a second winning week…
On the daily chart of EUR/USD, the downward triangle is forming.
American multinational companies get down to reevaluating their currency hedging strategies following a leap in the evergreen buck for recent months because the impact of the stronger US currency starts influencing second-quarter corporate profits…
Although yesterday the US dollar index closed at the low level comparing to the daily movement, today it has been moving up again.
On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
It’s a forecast for July 19.
The US dollar index managed to break the psychological level at $95.
On Wednesday, the evergreen buck managed to jump because Fed Chair Jerome Powell came up with an upbeat assessment of the American economy at his Tuesday’s semi-annual congressional testimony…
The situation in the economic world is unstable, however, the Japanese yen does not rise.
Early on Tuesday, the US dollar index was weak
On Tuesday, the evergreen buck declined ahead of congressional testimony by Fed Chair Jerome Powell that market participants are going to scrutinize for signs on the tempo of American interest rate lifts as well as risks coming from trade clashes…
The US dollar index has been trading below the psychological level of $94.50.
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