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USD Daily Review January 5, 2018

USD Daily Review for January 5, 2018

USD/JPY Rate Forecast: Battle Of The Weakest At 2018 Open

The price of USD/JPY is trading near trendline and other technical support that can lead to a bounce unless further USD selling dominates the FX


USD/CAD Bears to Face NFP / Canada Employment

USDCAD is trading near three-month lows ahead of key event risk tomorrow from both the U.S. and Canada. Here are the updated targets & invalidation


EUR/USD Maintains Above 1.2000 as USD Weakness Continues into 2018

The U.S. Dollar set a fresh 14-year high on January 3rd of last year. Since then, we’ve seen a far different tone in the Greenback,


EUR/USD and GBP/USD Forecast January 5, 2018

The EUR/USD pair has rallied on Thursday, as we await the jobs number. I believe that people are jockeying ahead of the experience to play the breakout that …


USD/JPY and AUD/USD Forecast January 5, 2018

The US dollar rallied significantly against the Japanese yen during the trading session on Friday, as we continue to bounce around ahead of the jobs number t…


Canadian Dollar Rate Forecast: Running With Commodity FX Bulls

The Canadian Dollar continues to strengthen aggressively, but clouds may be gathering for Bulls as the price approaches multiple levels of technical support ahead of


US Dollar Index Rate Forecast: Hedge Funds Fight Recent Drop

The US Dollar surprised Global Markets in December by bucking an 11-year trend and a hearty 2017 forecast that anticipated gains.


Dow Brazenly Leads Risk Higher While Dollar Recovery Falters

US equity indices continued to pace the capital markets with the S&P 500, Dow Jones Industrial Average and Nasdaq all moving to fresh record highs.


What the NFPs Can and Cannot Do For the Dollar, S&P 500

The monthly US nonfarm payrolls (NFPs) report is celebrated by volatility spotters as one of the most media-hyped events of the calendar month.


Asian Stocks Gain As Risk Appetite Flourishes, US Dollar Pressured

There was plenty of green on the screens as the AsiaPacific Friday wound down. Investors looked back to a strong Wall Street showing and forward


Have a nice trading!

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