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Dollar climbs as stocks retreat in European trading

The dollar is higher across the board as we see risk sentiment falter in European morning trade. S&P 500 futures are now down 35 points, or 0.9%, with European indices pushing 1% losses to start the session. USD/JPY in particular is making decent headway, now trading back above 136.00 and running into a test of its key hourly moving averages:

The confluence of near-term resistance at 136.26-38 is now a key area to w... Read More

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Content Topics

Dollar

Climbs

Stocks

Retreat

European

Trading

Forex

Posted: Dec 15 2022, 08:45

Author Name: forexlive

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