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USD
The dollar was in a weak spot once more and failed to draw a boost from upbeat economic data.
USDJPY is trending lower on its 4-hour time frame, moving inside a descending channel pattern.
USD
The FOMC statement led to a bit of a boost for the dollar on stronger inflation expectations and the addition of the word "further" in projecting more tightening moves.
AUDUSD continues to trend higher inside its ascending channel pattern on the 4-hour time frame.
USD
The US dollar rallied and reversed on profit-taking towards the end of the month and ahead of the State of the Union address and FOMC statement.
EURUSD has been trending higher over the past few weeks and is currently above a steep rising trend line on its 1-hour chart.
USD
The US dollar staged a decent recovery during the New York session on revived expectations of Fed tightening.
USDJPY has been moving back and forth inside a range with support at the 109.00 major psychological level and resistance at 114.00.
USD
The dollar regained some ground towards the end of the previous week despite weaker than expected GDP.
GBPJPY is trending higher and looks ready for a test of its ascending channel support.
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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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