USDJPY's Bearish Reversal Stalls, Are Japanese Policy Authorities In for More Pain?
This past week’s range echoes the congestion across the broader market with short-term – and likely short-lived – breaks a tangible risk
Source: dailyfx.com
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Dollar Slide Aligns to Rebound in Risk Trends but What About Rates and Recession Forecasts?
Fundamentals remain a serious contrast to market progress, and it is likely only a matter of time before the speculative charge meets reality
Source: dailyfx.com
USDJPY Outlook A Correction or Reversal of the Prevailing Bull Trend?
USDJPY Outlook A Correction or Reversal of the Prevailing Bull Trend? 2021-04-05 16:30:00 John Kicklighter, Chief Strategist USDJPY has dropped sharply to start the new trading week with the second biggest daily decline of the year While the 109.25 and 110 levels were substantial technical barriers that were hurdled by this pair the past two weeks, the historical midpoint of the pair is overhead at 111.50 What makes the pullback in USDJPY – and other Yen crosses – even more remarkable is the fact that US indices are leadi...
Source: dailyfx.com