Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
The USD/JPY is not the only pair rising above its 200 day moving average today- check out the USD/CHF
A slightly earlier update noted the push above the 200 day moving average in the USD/JPY. Well it is not the only dollar pair making such a move. The USD/CHF has done something similar this afternoon. The dollar has lifted to a high so far at 0.8828 and the 200 day moving average is in place right now at 0.8823. In fact, just like the USD/JPY, that moving average is as it was yesterday. It will be interesting to see if the USD/CHF can close above 0.8823 this evening and of course we have the prospect of interest rate cut from the SNB on Thursday. That prospect is clearly a driving force behind this latest move higher in the dollar. The USD/CHF is currently trading at 0.8824
Market News
All News-
EUR/USD takes out 1.0800 again
The push above 150 in the USD/JPY this afternoon has now extended and that has seen the dollar rise to around 150.25. At the same time this has added... -
S+P 500 tests correction level at 5,750 following US data
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
-
USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
