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USD
The US dollar chalked up another losing day as market participants continued to adjust their positions to account for the Fed's less upbeat inflation outlook.
AUDUSD is currently trending lower but looks prime for a correction to its descending channel visible on the 4-hour time frame.
USD
The US dollar slumped against its peers when the FOMC minutes focused mostly on weak inflation concerns.
GBPUSD appears to have finally broke out of its consolidation pattern on the 4-hour chart.
USD
The US dollar was weaker against its peers during the US session as traders reacted to Yellen's unease about inflation and brought bond yields down.
USDJPY is trending lower on its short-term time frames, moving inside a descending channel and currently testing resistance.
USD
The US dollar was able to chalk up some gains to its counterparts despite lower liquidity during the shortened work week.
EURGBP has been trading sideways recently, finding resistance around the .9000 major psychological level and support near the .8750 minor psychological mark.
USD
The US dollar had a mixed run despite stronger than expected building permits and housing starts data released on Friday.
USDJPY looks ready to trade sideways on its daily time frame as price has bounced off the resistance around 114.25.
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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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