The Dollar Index is still trading range bound between 80.30 and 79.00. The Greenback traded flat yesterday after steep rise witnessed during past couple of days on the event of sell off in most of the asset...
USD/JPY rose during the session on Monday as the Bank of Japan is expected to add to its monetary easing policy in the near future. Because of this, we think that the 80 level is about to...
Gain in US Dollar leads to sell off in most of the asset classes especially the equities; the benchmark equity index of Dow Industrials (.DJIA) has fallen more than 200 points to currently trade at 13340 ranges.
USDJPY breaks above the downward trend line on daily chart, suggesting that the downward movement from 84.17 had completed at 77.14 already. Further rally could be expected next week, and next target would be at 80.00 area.
The USD/JPY pair did very little during the session on Friday, as the rest of the markets rocking back and forth in a “risk off” type of move. The fact is that we are getting close to...
The US Dollar gained across the board after the Dollar Index again found support at 79.00 ranges. The Dollar appreciated most against the Cable, by more than 100 pips followed by the Euro and the Swiss France...
The USD/JPY pair rose during the session after initially falling on Thursday, in order to close above the 79 handle for the first time in several weeks. This is bullish, but we do see quite a bit...
The USD/JPY pair rose again during the session on Wednesday as the market approaches the 79 handle. It is at this level that we certainly run into serious resistance, so quite frankly we are looking for sell...
The US Dollar continues declining against most of the FX majors; the Greenback lost most against the Aussie by more than 70 pips, but consolidated against the Common currency, the Swiss Franc and the Cable.
The US Dollar continues down trend after hitting short term resistance of 80.25 ranges a couple of days back to currently trade at short term support of 79.20 resulting in appreciation of most of the asset classes,...