The broader stock indices are negative as the clock ticks toward the close but just barely
The Dow is down -0.20%
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The Dow is down -0.20%
The USD is mixed to start the new trading week
The USD is mixed in early trading
The USD is mostly lower to start the trading week
USDJPY trades between its 100 and 200 hour moving averages Technical Analysis USDJPY 100 hour moving average at 103.935. The 200 hour moving averages at 103.70 The USDJPY tried for the 2nd consecutive day to break below the 200 hour moving average. However, like yesterday, the momentum on the break could not be sustained, and the price has rebounded higher. The moved to the upside took the price up to 103.895. Going back in time that was near the high from December 28. On December 21, the high came in just below that level. Also above sits the falling 100 hour moving average (b...