Following mixed performance by the US dollar earlier this week, investors are now fully focused on the June Nonfarm Payrolls report, which will be released on Thursday rather than Friday. The schedule has been brought forward as US financial markets will be closed on Friday to mark the 250th anniversary of the signing of the […]
The post The Dollar Awaits the Week’s Key Report: AUD/USD and NZD/USD at Crucial Technical Levels appeared first on ActionForex.
USDJPY needs interventions and rate hikes. Monetary policy divergence is pushing EURUSD lower. The US dollar found no clues in Kevin Warsh’s comments, and attention shifted to the US labour market report for June. The Read more…
Japan may not have spent a dollar today, but it may have achieved one of the key goals of intervention anyway. USD/JPY plunged from 162.59 to below 161.30, a move large enough to trigger immediate Read more…
GBP/USD shrugged off the impact of Bank of England Governor Andrew Bailey’s speech at the ECB forum in Sintra and rose to 1.3287 on Thursday. Earlier, Bailey confirmed that he had opposed the interest rate Read more…