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The US Dollar continues to consolidate against most ASEAN currencies, such as the Singapore Dollar, Philippine Peso and Indonesian Rupiah. But, it might make more gains against the Thai Baht.
The Dollar is trying to reassert itself, but has its work cut out in the days ahead if it’s to keep its footing.
US Dollar Technical Forecast: EUR/USD, USD/JPY, USD/CAD 2021-03-07 08:00:00 James Stanley, Senior Strategist US Dollar Technical Forecast: Bullish US Treasury rates have been surging so far in 2021 and this has helped to create a sharp move in the USD/JPY pair. The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section. Advertisement The general consensus coming into this year was for a continued combination of equity strength helped along by a weak US Dollar. And to be sure, the ...
Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms 2021-03-04 00:00:00 Thomas Westwater, Analyst AUD/USD, AUD/NZD, Government Bond Yields, Technical Forecast -Talking Points Rising government bond yields spook investors as Wall Street stumbles Australian balance of trade data in focus for Thursday’s APAC session AUD/USD, AUD/NZD at key technical levels following AU Q4 GDP beat US stocks moved lower as Treasury yields spiked, pushing investors into a risk-off stance with the tech-heavy Nasdaq Composite leading the move lower, closing down 2.72% on the day. The D...
The US Dollar looks set to continue losing ground against the Australian Dollar, British Pound and Euro in the coming weeks. Key levels for AUD/USD, DXY, EUR/USD, GBP/USD.