Market Talk
– The dollar was up on Friday morning in Asia but is headed for its worst week since early February 2022, weighed down by a retreat in Treasury yields and fatigue after the currency’s breathless 10%, 14-week surge.… Read More
Tag: USD/JPY
FX Commentary – US Dollar Lower On A Poor Set Of U.S. Housing Data
Market Talk
– The safe-haven U.S. dollar and yen eased on Thursday while the Australian and New Zealand dollars jumped amid signs of an easing in Shanghai’s coronavirus lockdown, although sentiment remained fragile as global equities sold off.… Read More
FX Commentary – U.S. Dollar Declined On Improved Risk Appetite.
Market Talk
– The U.S. dollar fell from a two-decade high against a basket of major peers, as an uptick in investors’ appetite diminished the U.S.… Read More
Forex Trading Idea USD/JPY
Strategy
Buy USD/JPY at 127.50 for 135.70. Stop at 124.80. Time duration expected. 3-6 months
Technical View
After price reached a high of 131.34 on 9 May 2022, price went into a correction.… Read More
FX Commentary – US Dollar Holds Near 20-Year High.
Market Talk
– The U.S. dollar was up on Tuesday morning in Asia as it continues its fight for a footing with the global economy in focus after weak economic data from China and a steep drop in New York State’s factory activity highlighted worries about the prospects for a global slowdown.… Read More