USD/JPY bounced back from the day’s high of 120 during the USD bid. USD/JPY: Daily close below 200 DMA opens door to a drop to 131.70s. US Dollar (USD) gave up earlier gains on...
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NZD/USD CONQUERS 0.6400 AMIDST A RISK-OFF MOOD, POST US NFP REPORT
NZD/USD ended the week up 2.56%. In November, , US non-farm payrolls indicated a tight labor market, so the Fed needs to keep interest rates rising. NZD/USD Price Analysis: Daily close above 0.6 00...
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The bid for stocks and bonds is relentless
We are back where we started. The US market completely destroyed the gears after a strong non-farm payrolls report. The SandP 500 is now down just 5 points to ,071, closing the week above...
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USDJPY moves back to the downside and below its 200 day moving average
As stocks rose and yields fell, the US dollar weakened. USDJPY is back below the 200-day moving average at 13 .506. A break below today’s level would be the first time the pair has...
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