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USD
The US dollar had a volatile run during the release of the FOMC minutes but was mostly unchanged against its counterparts, except for the commodity currencies.
NZDUSD had previously been trading inside a symmetrical triangle formation but broke to the downside.
USD
The US dollar was off to a strong start when risk appetite waned in the earlier trading sessions.
GBPUSD suffered a sharp selloff in recent trading and is currently consolidating.
USD
The Greenback was mostly a counter currency in recent trading sessions, as US traders were off on a President's Day holiday
EURAUD has been trending higher these days and is moving inside a rising channel on its 4-hour time frame.
USD
The US dollar was able to rebound on Friday, thanks to upbeat retail sales figures and profit-taking off short positions ahead of the weekend.
USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame.
USD
The US dollar was unable to take a lot of advantage of the safe-haven flows yesterday as Fed Chairperson Yellen warned that central bank officials are watching exchange rates closely before making any monetary policy adjustments.
EURJPY has been trending lower on its longer-term time frames but the opportunity for a countertrend setup is emerging.
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Instrument | Bid | Ask | Spread |
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Instrument | Bid | Ask | Spread |
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Instrument | Bid | Ask | Spread |
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2023 Martin Luther King Holiday Schedule
Due to the Martin King Holiday on 16 January, 2023, market activity and liquidity may be lower than usual....
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