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Dollar gains stall for now but the technicals look good

Dollar gains stall for now but the technicals look good
The dollar jump yesterday was certainly noteworthy but we are seeing a light pullback to the gains in trading today. Of note, USD/JPY is down 0.4% to 138.10 levels but buyers are still looking poised in the bigger picture.Meanwhile, the antipodeans are also taking advantage amid the more positive risk mood. AUD/USD and NZD/USD are both up 0.5% to 0.6650 and 0.6260 respectively with the former holding a decent bounce off 0.6600 at the lows yesterday.Despite the bit-part retracement so far today,... Read More
Posted: May 19 2023, 08:23
Author Name: forexlive
Views: 102531

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