Good day ladies and gents. Well, it's been a pleasant couple of months or even years for the Japanese yen bulls. As you can see, the USDJPY has sunk for 4.
Forex Trading: Japanese Yen Approaching All-Time High Against US ...
Source: www.dailymarkets.com
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Usual Asian session slide in the JPY crosses
The JPY crosses go up in late London and NY, slide in Asia and early Europe, and then do it all over again. That at least has been the trend this week. EUR/JPY and GBP/JPY are close to the bottom end of their session ranges although it must be said that these ranges are very tight and interest is...
Daily Forex Outlook - FED remains Dovish, USD Weak
U.S. Dollar Trading (USD) was on the back foot as stocks rallied around the world and the Federal Reserve left rates at 0.25% and stating that rates would remain low for an extended period of time. ADP October Employment Report was -203k vs. -188k previously. Also released, ISM Services forecast at...
Euro struggles in a US dollar weakening environment
By TraderVox.com The weakness in Euro continued in US session as well and it went below the 1.3300 levels to form a fresh low of 1.3281. It has...
Tories must tackle public-sector blight
Interesting piece by David Smith in The Sunday...
Crude Oil Soars As the USD Weakens
Many analysts yesterday had anticipated a slight decline in the price of Crude Oil considering the recent strength in the USD brought on by last week’s employment data. However, oil prices surprised many traders today as the price continued to climb above $70 a barrel to hit a 7-month high!...