The Dollar/Yen broke sharply on Wednesday in reaction to a steep drop in U.S. equity markets late in the session. …
This of course will work in favor the US dollar, and if the stock markets can gain slightly, it could help push this market higher as well. The 110 level will be rather stringent resistance, but I think will be difficult to overcome. If we do, then I …
The Forex pair weakened after President Trump announced tariffs on steel and aluminum, triggering a collapse in the stock market. The USD/JPY settled at 105.711, down 1.136 or -1.06%. Early in the week, the USD/JPY fell in reaction to a …
In general, this tends to be a market that moves up and down with risk appetite, so if we can see stock markets start to rally again based ... Remember, this pair is also oversensitive just as the USD/JPY pair is.
The USD/JPY settled the week at 108.757, down 1.380 or -1.25%. Triggering the demand for the safe haven U.S. …
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