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The dollar is just now making some progress. Most visibly that is versus the Yen and the main reason for that is a lift in US treasury yields. The USD/JPY has now pressed above 150.70 for the first time today and that has helped to push the EUR/USD off its earlier high at 1.0860 and back underneath 1.0850. The move higher in those yields and the USD/JPY has also sent gold down to a fresh session low underneath $2,030. The USD/JPY is currently trading at 150.73 just as the US stock markets prepare to reopen for the first live session of the week
Earlier today the slide in the dollar allowed the Pound to have a very close look at a level mentioned here many times before. That is the 2024 high...
Since the last update here on the Nasdaq 100, the index has suffered further selling and a lot of that is heavy losses across the big tech sector. The...
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