USD/JPY Rejected at Channel Resistance, Nasdaq 100 Comes Alive as US Yields Tank

BY admin admin

Disappointing U.S. economic data exerted downward pressure on U.S. Treasury yields, triggering a bearish turnaround in USD/JPY while propelling the Nasdaq 100 higher.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

USDJPY rebounds back toward the 100 hour MA in trading today.

USDJPY sees sellers leaning against the 100 hour MA at 103.969 The USDJPY tumbled out of a 37 pip range yesterday near the highs (see red box in the chart below), and that opened up the downside.&

Forex

ECB: Cautiously optimistic and steady course – Danske Bank

As expected, the European Central Bank left its monetary policy stance unchanged on Thursday. Analysts at Danske Bank argue that in line with their ex

Forex

(21 April 2020)AUD/USD Expect 0.6260.

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6330 </p> <p>Our preference</p> <p>Short positions below 0.6330 with targets at 0.6280 &amp; 0.6260 in extensi

Copyright © 2024 | WordPress Theme: Xews Lite