Posts published in January 2020

USD/JPY May Try to Aim for 110.29

The US dollar versus the Japanese yen currency pair looks like it is aiming to start a new appreciation. But isn’t that a little late for the bulls? Long-term perspective After printing…

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Aussie Flat After Economic Data from China & Australia

The Australian dollar was trading sideways during Friday’s session as traders have paused sell-off of riskier currencies but remained cautious of the spreading coronavirus in China and its potential impact on the global economy.…

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Japanese Yen Halts Rally While Fears Persist

The Japanese yen halted its rally, trading flat today. For now, it does not seem that the market sentiment shifted much, and the pause in the rally was likely just a result of profit-taking…

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