menu search

USD/JPY holds the key to unlock the next big dollar drop

USD/JPY holds the key to unlock the next big dollar drop
Alongside a hold at key resistance in AUD/USD here, USD/JPY is the other major pair that might act as a saving grace for the dollar. The greenback looked to be in dire straits after last week's rout but there is still one key technical level to watch despite the several breakdowns in EUR/USD, GBP/USD, and USD/CHF.USD/JPY may have already fallen by roughly more than 700 pips at the lows this month but part of that owes to a sharper correction in the yen itself alongside BOJ speculation here.Add t... Read More
Posted: Jul 17 2023, 09:34
Author Name: forexlive
Views: 080977

Search within

Pages Search Results: