Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar extends gains-USD/JPY rises close to 148.50
Since my last update here, following the Fed monetary policy decision, the dollar has risen further. That is because US treasury yields have also lifted. The 2 Year note yield is now close to 5.20% and that has pushed the USD/JPY even higher. The USD/JPY was already elevated into the US close last night, where it ended the session there at 148.34. It has risen to as high as 148.46 so far today. However, at the same time, there is trepidation because of fear the BOJ will not be pleased by this new 2023 high. The low seen earlier today has been set at 148.19. It is just now trading at 148.38
Market News
All News-
Gold edging lower again- more updates early tomorrow morning
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
-
DAX still attracting the flow as it pushes to session highs above 22,425
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
-
Another technical look at the S+P 500 with big earnings due this week
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
