JPY Daily Review for December 4, 2017
|Today, we took a look at several major USD pairs and their near-term prospects, along with a few cross-rates, precious metals, and equity indices.|
|EUR/USD:Neutral (since 15 Nov 17, 1.1795): Improved undertone but too early to expect a sustained up-move.While the undertone for EUR has improved considerably with strong daily closing yesterday, it is too early to expect the start of a sustained up-move. That said, the current mild upward pressure could lead to a retest of the 1.1960 high seen ea|
|The US dollar was very volatile against the Japanese yen, as we broke down below the 112 level at one point during the day after it was announced that Genera…|
Have a nice trading!