USDJPY – US Dollar To Break Higher Soon Vs Japanese Yen?

Key Points

The US Dollar gained bids recently and moved above 122.50 against the Japanese Yen.
The USDJPY pair is currently trading inside a breakout pattern with resistance at 122.90 on the hourly chart.
In Japan, the Consumer Confidence Index Read More →

U.S. Weekly Jobless Claims Fall More Than Expected To 238,000

FX News 11046

7 years ago admin

U.S. Weekly Jobless Claims Fall More Than Expected To 238,000

Macron Wins: Profit-Taking On EUR Longs; What’s The Trade? – SocGen

Societe Generale FX Strategy Research argues that as Emmanuel Macron victory in the French election was not a ‘surprise, there is a risk of profit taking in EUR long positions in the short-term.

In particular, SocGen notes the EUR Read More →

U.S. Trade Deficit Little Changed At $43.7 Billion In March

FX News 11046

7 years ago admin

U.S. Trade Deficit Little Changed At $43.7 Billion In March

EUR/USD: Fade N-Term Strength & Scale Back In On Dips – TD

TD FX Strategy Research doesn't expect much upside in EUR/USD on a Macro victory in the second round of the French election on Sunday arguing that markets have already largely discounted such an outcome.

On the valuation front, Read More →

U.S. Labor Productivity Unexpectedly Drops In Q1, Labor Costs Jump

FX News 11046

7 years ago admin

USDJPY – US Dollar To Break Higher Soon Vs Japanese Yen?

U.S. Weekly Jobless Claims Fall More Than Expected To 238,000

Macron Wins: Profit-Taking On EUR Longs; What’s The Trade? – SocGen

U.S. Trade Deficit Little Changed At $43.7 Billion In March

EUR/USD: Fade N-Term Strength & Scale Back In On Dips – TD

U.S. Labor Productivity Unexpectedly Drops In Q1, Labor Costs Jump

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