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EUR/USD rebounded off the back of a pair of weak US purchasing managers index (PMI) figures yesterday, bringing about an end to the losses in play throughout the week. However, this rebound is ...
The US dollar fell rather hard against the Japanese yen during the trading session on Thursday, as there was a major “risk off” move around the world. This of course favors the Japanese yen in general ...
• The USD held on the defensive despite a goodish bounce in the US bond yields. • Escalating US-China trade tensions continue to underpin JPY’s safe-haven demand. • Traders now look forward to the US ...
USD/JPY dropped below 110.00 as US bond yields dropped sharply amid unimpressive economic data. What's next? The Technical Confluences Indicator shows that the area between 109.77 to 110.00 is a dense ...