On pullbacks, I suspect that there will be buyers coming back into this market, and this will certainly be influenced by stock markets in general, as this is a risk sensitive pair. The 105-level underneath should continue to offer support, …
The price action suggests that Monday’s price action was just a knee-jerk reaction to a surprise reversal in the stock market. On Monday, the USD/JPY settled at 113.428, down 0.067 or -0.06%. At 0935 GMT, the Dollar/Yen is trading …
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If it wasn't for the passage of the US tax cut bill last week, the USD/JPY pair would have had a chance for more ... retreated to below 93.30, and the US stock market witnessed a correction after recent record gains. The Bank of Japan …
USD/JPY continues to be a pair that trades in a direction opposite to what many anticipated at the start of the year. On the back of a large move higher, relatively speaking, in the front-end of the curve helped by the Federal Reserve pushing up …
Pay attention the stock markets, and if they continue to rally it should send this market higher. Other than that, commodity markets have their usual influence on the New Zealand dollar as well, so if they rise, we should see strength here also.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by …
Earlier in the week, the Forex pair was supported by rising U.S. Treasury yields, but gains were capped by flight-to …