Market Talk
- The dollar continued its march higher on Thursday helped by strong US economic data.
Tag: USD/CNH
USD/CNH Breakout
Price broke above a recent high of 7.0223 today and could be on its way to the high of 7.0867,… Read More
FX Commentary – Sterling Jumped On Javid’s Resignation
Market Talk
- The Japanese yen held onto gains against the dollar on Friday as renewed worries about the coronavirus outbreak supported demand for safe-haven currencies and weighed on prices of riskier assets.
FX Commentary – Gold Up On Increased Coronavirus Cases And Deaths
Market Talk
- The U.S. dollar continued to rack up gains against its rivals on Wednesday as Federal Reserve Chairman Jerome Powell, in his second day of testimony to Congress continued to talk up the strength of the economy and suggested there was little reason for the Fed to cut rates as the economy remained in a good place.
FX Trading Idea – USD/CNH
Technical View
USD/CNH reached a low on 20th Jan 2020, boosted by signing of a phase 1 deal between the U.S… Read More