US dollar got a boost from robust data that triggered a wave of correction of “yielding” currencies previously grew better than others. Separately, the Chinese yuan AUD and NZD are holding well due to the optimism of the Asian markets. Today US exchanges are closed, so FX markets movements promise to be calmer than usual.
Important upcoming events (GMT): 09:00 EA !!! German Ifo Business Climate 09:30 UK ! High Street Lending 15:00 US !! New Home Sales
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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