Market Talk
– The U.S. dollar continued its decline on Tuesday, falling to its lowest in two months against the recovering Japanese yen and losing ground on other peers, as investors continued to position for a less aggressive pace of Federal Reserve interest rate hikes.… Read More
Tag: USD/CNH
FX Commentary – US Sank To A Fresh 6-week Low Post FOMC
Market Talk
– The U.S. dollar sank to a fresh six-week low against the yen on Monday as markets continued to bet that the Federal Reserve has less tightening to do with the U.S.… Read More
FX Commentary – US Dollar Languished Near A 6-week Low After Treasury Yields Retreat.
Market Talk
– The U.S. dollar languished near a six-week low to the yen amid a sharp retreat in Treasury yields after data showed the U.S.… Read More
Forex Trading Idea USD/CNH
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
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