The US dollar has done very little against the Japanese yen on Friday, as we are trying to figure out what to do with the 50 Day EMA.
The British pound has rallied a bit during the trading session on Friday, as we continue to compress right around the ¥160 level.
The US dollar has fallen a bit during the training session on Thursday to break down below the ¥127 level. However, it looks as if buyers are trying to step in.
The British pound has gone back and forth during the course of the trading session on Thursday, as we continue to test the ¥160 level.
The US dollar has fallen a bit against the Japanese yen over the last couple of weeks, and on Wednesday it looks as if we are failing to hang on to gains.
The British pound initially tried to rally against the Japanese yen on Wednesday but gave bank gains to show significant weakness again.
(Bloomberg) -- The yen’s recovery from a 20-year low is picking up pace, with options markets and analysts suggesting the rebound has some room to run.Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackTexas Shooter Kills Elementary School ChildrenHungary’s Orban Declares State of Emergency Over War, EconomyAfter rising over 3% from its trough, Japan’s currency may climb back to 125 as global
By Geoffrey Smith
(Bloomberg) -- The dollar slid versus haven counterparts including Japan’s yen as stock declines drove investors into the safest assets. Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysSocial Media Stocks Sink to Erase $135 Billion on Snap WarningStocks Finish Off Session Lows While Bonds Climb: Markets WrapHungary’s Orban Declares State of Emergency Over War, EconomyBroadcom in Talks to Acquire Cloud Company VMwareThe greenback fell as much as 1.1
The US dollar has pulled back just a bit during the trading session on Tuesday to test the ¥127.50 level. That being said, we are still very much in an uptrend.
The British pound has fallen significantly during the trading session on Tuesday as we have broken significantly below the ¥160 level.
The US dollar has fallen a bit during the trading session on Monday to test the ¥127.50 level. This is an area that has been important more than once, so it should not be surprising to see that we have stalled here.