Monthly Archives: January 2018

Dollar recovery hitting sentiment on forex, gold and oil

There has been a change in sentiment early this week as the embattled US dollar seems to be engaging in a near term recovery. Last week’s precipitous sell-off seems to have been a blow-out which took the market a little too far too fast and now a retracement is underway. One of the drivers has been…

USDJPY Intraday Technical Forecast

The dollar has opened the week on a consolidative footing after tumbling to fresh trend lows last week. USDJPY, after last week posting a four-month low at 108.28, has been pivoting around 108.80 so far today. EURJPY and other yen crosses are similarly devoid of directional impulse.

There is some…

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