Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY gives back ground as Pound recovers against the dollar
The earlier move above 148 (the high set at 148.17) for the first time this year in the USD/JPY has now given way to some downside. The dollar is dropping back towards 147.75 as I write this update. The GBP/USD has managed to claw back much of its earlier losses as a result and pressing closer to the 1.24 handle again just now. The move lower in the US dollar comes as the US stock markets prepare to reopen higher very shortly. The USD/JPY does appear to have been leading the move lower in the dollar, just as much as it was leading it higher earlier today. The USD/JPY is just now trading at 147.81
Market News
All News-
US JOLTS and Consumer confidence slide- EUR/USD hits fresh European session highs
The US JOLTS- Job openings report and latest Nationwide US consumer confidence index have now been released. As noted earlier, the markets were...
-
Gold holds $3,300 at the first time of asking and rebounds
A little earlier this afternoon gold fell back to set a fresh session low at $3,300.64. That low came after the metal had peaked much earlier today at...
-
Nasdaq 100 opens lower following Amazon move
Following on from the previous update looking at the fall back in the USD/JPY, the US stock markets have now reopened for live trade and it has been a...
