US Dollar

January 20, 2025 at 04:14AM USD/JPY is notably lower, from an early high above 156.50 its fallen to lows under 155.75. Major FX elsewhere has outperformed the USD also, EUR, AUD, CAD, GBP, NZDf …. all are higher against the big dollar. Apart from what has been posted there is...

January 20, 2025 at 01:50AM Barcl;ayus says there is a risk of renewed yen weakness. Barclays’ analysts cite factors contributing to this risk include: Trump’s trade policies U.S.-Japan interest rate differentials capital outflows from Japan The analysts caution that policy announcements or statements made around Trump’s inauguration could strengthen the...

January 20, 2025 at 01:15AM The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a...

January 20, 2025 at 12:10AM People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...

January 17, 2025 at 09:02PM In the above video, I take a look at the technical levels in play for the AUDUSD heading into the new trading week. For the week, the low on Monday traded to a new low going back to 2020, but could not sustain the bearish...

January 17, 2025 at 08:25PM In the video above, I take a look at the technicals driving the NZDUSD as we look toward the new trading week. The sellers are more in control below a cluster of MA with a high at 0.5612. If the price cannot get above those...

January 17, 2025 at 07:40PM The GBPUSD traded to new lows going back to November 2023 on Monday, but fell short of downside targets on the daily chart at 1.2039 to 1.20686. The low reached just below the 1.2100 level at 1.20989. The price bounced but quite frankly the price...

January 17, 2025 at 07:07PM The EURUSD bottomed this week on Monday after falling below the 61.8% of the move up from the 2022 low to the 2023 high at 1.0200. That break could not be sustained. The seller had their shot. They missed. The subsequent move higher saw the...

January 17, 2025 at 06:33PM The USDJPY last week, moved up to test a key target on the daily chart near 158.88. Sellers leaned and pushed the price off those levels into the close a week ago today. This week, the price of the USDJPY has stepped lower after peaking...

January 17, 2025 at 04:14PM The USDCAD moved higher in the North American session and in doing so, stretched to the high of a “Red Box”: that has confined the pair going back to mid-December (see chart below). That level comes in at 1.44666. The high price stalled just short...