Strategy
Buy 6.3750 for 6.5875 with a stop below 6.3035.
Technical View
On the weekly chart, the price decline is seen to be slowing down.… Read More
Tag: USD/CNH
FX Commentary – Safe Havens Slipped As Sentiment Improved On Peace Talk
Market Talk
– The U.S. dollar is headed for its first down week in six versus major peers on Friday, as investors continued to assess the impact of the start of the Federal Reserve’s rate tightening cycle.… Read More
FX Commentary – US Dollar Gained After Russian-Ukraine Talk Resulted In No Ceasefire
Market Talk
– The U.S. dollar was up on Tuesday morning in Asia, rising against major peers as traders paused for breath amid the fast-moving Ukraine crisis.… Read More
FX Commentary – US Dollar Higher on Increased Ukraine Tension
Market Talk
– The U.S. dollar was up on Monday morning in Asia after Western nations announced a harsh set of sanctions over the weekend to punish Russia for its invasion of Ukraine, including curbs on the country’s currency reserves.… Read More
FX Commentary – Safe Havens Retreated Despite Ongoing Ukraine War.
Market Talk
– The U.S. dollar retreated against most currencies, including the euro, on Friday, as markets walked back some of the tumultuous moves from the previous day when Russia’s invasion of Ukraine sent investors scrambling into safe havens.… Read More