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USD Daily Review March 13, 2018

USD Daily Review for March 13, 2018

How This Pot Lifestyle Guru Aims To Raise A Million Dollars

This cannabis entrepreneur is betting on equity crowdfunding and her fans to spread the word that she’s raising capital to build her brand

 

USD/JPY Downtrend Remains; Potential Pennant in GBP/USD

Domestic issues in Japan and the UK are proving to be the major influences in FX markets at the start of the week.

 

Setback Likely for USDCHF Before Uptrend Resumes

USDCHF is facing strong near-term resistance around the 0.96 level and looks likely to fail there and slip back before its current uptrend restarts.

 

EUR/USD Drops to Support, USD Range Expands Ahead of CPI, FOMC

This week’s calendar calms from the busier schedule of the past couple of weeks; but next week’s FOMC rate decision looms large as we’re seeing

 

Forex: Top FX Headlines: USD/JPY Downtrend Remains; Potential Pennant in GBP/USD: 3/12/18

– A potential scandal surrounding Japanese Finance Minister Taro Aso has traders rethinking Abenomics’ ‘weak JPY’ point of view. ‘ Signs that a transition de…

 

EUR/USD and GBP/USD Forecast March 13, 2018

The EUR/USD pair initially pulled back during trading on Monday but found enough support near the 1.2275 level to turn things around and rallied significantl…

 

USD/JPY Rate Forecast: Tight March Range May Have Found Catalyst

The political legitimacy of PM Shinzo Abe may trigger risk aversion and a stronger JPY while institutions look to potential of 100 JPY per USD

 

US Dollar May Rise While Commodity FX Suffers on CPI Uptick

The US Dollar may rise while its counterparts in Australia and New Zealand turn back from Asia-session gains if an uptick in CPI rekindles bets

 

Australian Dollar Up On NAB Business Snapshot, New Uptrend Holds

The Australian Dollar got a boost from a positive business survey from NAB. While confidence slipped a bit, current conditions were assessed to be at

 

Trade Wars Now an Anchor Rather Than Driver for Indices, Dollar

Trade Wars Now an Anchor Rather Than Driver for Indices, Dollar

 

DXY Index Recovery Hinges on CPI; USD/JPY Through Daily 21-EMA

The February US CPI report will help shape expectations for the US Dollar today and the FOMC meeting next week.

 




Top FX Headlines: DXY Index Recovery Hinges on CPI; USD/JPY Through Daily 21-EMA: 3/13/18

– USD/JPY is trading above its daily 21-EMA for the first time since January 8 as traders shrug off land deal scandal involving Japanese PM Abe and FM Aso. -…

 

Have a nice trading!




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