Have a look at what the JPY is doing to its peers...
Tag - jpy - japanese yen
Hopes for stimulus on both sides of the Atlantic were dashed by Trump contracting COVID-19. The USD is in the focus again.
The market has become more optimistic and the USD corrected down. But for how long? Watch the video to find out!
US final GDP for 2Q -31.4%% vs -31.7% estimate
Asian shares crept higher on Wednesday after data showed China's economic recovery gathering steam, but a chaotic first U.S. presidential debate between President Donald Trump and Democrat Joe Biden weighed on the mood.
USD/JPY has been rising for almost a week except for Monday, but the strong resistance of the 50-day moving average at 105.80 may stop it from moving higher.
European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington
EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
Asian stocks began the week mostly higher as the region picked up the baton from last Friday’s tech-driven momentum on Wall Street.
Some trends will get broken this week - watch the video for essential tactical information in the fields of Forex!
U.S. stocks are set to open lower Friday, continuing the recent selloff with investors' confidence hit by a combination of pandemic, economic and political worries