The markets are taking a breath after the eventful Wednesday and Thursday
Tag - jpy - japanese yen
The USD has started the day on a positive footing and pushed USD/JPY upwards. What's next?
The Dollar Index fell to its lowest since May 2018, dropping below 90 as progress on a fiscal stimulus package
The Fed kept rates unchanged, enhanced guidance and refrained from extending the weighted average maturity of purchases
As the middle of the week is passed, the market is mostly bullish, with many currency pairs beating strategic high and lows - a paradise for traders!
The Federal Reserve winds up its last monetary policy meeting of the year
Asian equity markets traded higher as the region received a tailwind from Wall Street where all major indices were lifted amid stimulus hopes.
The gold, oil prices and the pound are at local highs; apart from that, seems to be a pretty regular day in the Forex market. Perfect for trading!
US stock markets look set to break a four-day losing streak later, with the futures contracts for all three major indices trading higher in the overnight session.
The year 2020 is finally coming to an end. Finally. Let’s see what happened in the Forex market during that year and try to figure out what may happen in the next one.
EUR/JPY is now in the resistance zone. Are we to expect it go down from there?
Asian equity markets follow suit to the mixed performance in the US where sentiment was pressured and DJIA pulled back from record highs amid lockdown concerns.