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Dollar looks to build on the positive momentum from yesterday's start

This builds from my post yesterday here: Dollar has the recipe for the next leg higherThe dollar is working with those key ingredients mentioned and is looking set to extend its recent gains against the major currencies bloc. Of note, we are seeing USD/JPY track above 145.00 now with an air pocket between that and the 150.00 mark. The only thing here is will we see some form of stealth intervention by Japanese officials?Besides that, EUR/USD is slipping under its 100-day moving average of 1.0930... Read More

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Posted: Aug 15 2023, 04:23

Author Name: forexlive

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