Monthly Archives: June 2018

US dollar strength resumes as focus remains on Trump’s protectionism

There once was a time when the actions of the Donald Trump’s administration did not drive markets, but I am struggling to remember that now. Once again, the twists and turns of the US protectionist policy path are setting the agenda for traders and driving intraday volatility. A decision to opt…

USD/JPY Forecast: Trapped in a narrowing price range

USD/JPY closed above the 200-day moving average (MA) yesterday, having defended the confluence of rising trendline support and the upward sloping (bull biased) 50-day MA in Asia.

The close above 200-day Ma, though encouraging, could be short-lived as the yield differential narrowed in the USD-neg…

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