EURUSD – Euro Remains At Risk of More Declines Vs Dollar
Key Points
- The Euro traded higher recently against the US Dollar, but failed to break the 1.0450 resistance.
- The EURUSD pair has a couple of bearish trend lines Read More →
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GBPCHF – British Pound Struggling Near 1.2750 Vs CHF
Key Points
- The British Pound recently recovered against the Swiss Franc, but faced sellers near 1.2750.
- There is a bearish trend line formed on the hourly chart of Read More →
USD/JPY: Dips A Buy Targeting 121 In 1-Month – Danske
The JPY has weakened sharply since November when Trump was elected as the next US president. The move higher in USD/JPY has among others been driven by risk appetite, higher yields on 10Y US treasuries and a higher oil price. Read More →
No policy changes from BoJ, Yen weaker but losses capped on global security concerns
The BoJ made no changes to its policy rate, maintaining negative rates for banks’ excess reserves, and making no changes to its asset purchases or JGB yield targets. The BoJ was due its monetary policy statement overnight as it Read More →
