The final trading week of November may prove to be the worst this month for the US dollar. Following the release of Chicago PMI data and the US Q3 GDP report, USD/JPY and USD/CAD have fallen to key support levels. USD/JPY A retest of the critical resistance level at 156.00 proved decisive for USD/JPY buyers. […]
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Gold stages a rebound in short-term timeframe Upturn is not convincing; bulls need to overcome $2,650 Gold has been showing some signs of life over the past couple of hours but don’t get too excited Read more…
The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency’s strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as Read more…
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