Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar index (USDX) finally makes a move above technical resistance
The reaction in the wider dollar to the better than forecast US payroll numbers has finally seen the USD index (USDX) vault its 200 day moving average and by some margin too. That resistance level had capped the rebound in the dollar since the beginning of the week. Well, not any more folks, because the index has surged above 104.44. The high seen so far has been set close to 104.80. The move higher comes as the USD/JPY now presses close to the 157 handle and the EUR/USD just now hits a session low at 1.0820
Market News
All News-
USD/JPY rises towards 144 after US consumer sentiment revised higher
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
-
US stocks turn lower as US data awaits - Dow Jones leads the way
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
-
Bitcoin has a look at 95k this afternoon
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
