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USD
The US dollar regained some ground in recent trading as data came in mostly stronger than expected and the S&P 500 index reached record highs.
EURGBP recently broke to the upside from an ascending triangle formation and zoomed up to a high of .8850.
USD
The US dollar was still a big loser in recent sessions as traders seemed hesitant to bet on the economy with Trump taking the lead.
USDJPY is trending lower on its 1-hour time frame, moving inside a descending channel and approaching support at the 111.50-111.75 area.
USD
The US dollar continued to edge down against its counterparts even after Trump's inauguration, as investors remained wary of fiscal policy plans and changes in trade relations.
The 1.0400 handle seems to be holding as a long-term floor for EURUSD once more, as price bounced off this area and might now be headed back to the top of its range around 1.1500.
USD
The US dollar failed to establish a clear direction in recent trading as it initially rallied on upbeat data but soon gave up its intraday gains.
USDJPY continues to trend lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows.
USD
The US dollar made a strong comeback in the forex arena, buoyed by upbeat data and hawkish remarks from Fed head Yellen.
GBPJPY has been trending lower since breaking below the head and shoulders neckline recently.
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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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