Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar gets clubbed again in Asian trading- USD/JPY falls below 147
Earlier this morning the dollar got hit across the board once again and that saw the USD/JPY fall to below its previous interim low at 147.15. It also broke below its noted 100 day moving average, at 146.90. The fall through both those levels extended to 146.67. The dollar had closed in the US last night at 147.48. The USD/JPY is off those lows now, but remains hostage to another wave of selling as the day unfolds. The mode looks much more biased towards selling rallies now, as has been the case all week so far. The further falls in US treasury yields that unfolded later yesterday is very much at the heart of this current dollar fallout. The USD/JPY is just now trading at 147.16
Market News
All News-
Volatility spikes as Trump spouts his latest demands- Brent falls back again
The US President has made a number of announcements all of which have sparked a raft of fresh volatility across the markets. The EUR/USD dived and...
-
EUR/USD slips to fresh session lows after repeated attempts to rebound fail
In the past few minutes the EUR/USD has seemingly given up all attempts to rebound and for the whole session so far any rebound it has undertaken has...
-
The next update on USD/JPY will come early tomorrow morning after the BOJ policy decision
The USD/JPY is off its lows but clearly still tracking below the high seen earlier. The actual range today has been covered today by 156.11 and 156.75...
