Fara Wave

The US dollar has spent the past week consolidating within thin ranges, as low volumes did little to spark directional trade. This left the greenback down 1 percent against the euro and up roughly 1.5 percent versus the British pound and Japanese yen by Friday’s close. In the coming week,…
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The US dollar has spent the past week consolidating within thin ranges, as low volumes did little to spark directional trade. This left the greenback down 1 percent against the euro and up roughly 1.5 percent versus the British pound and Japanese yen by Friday’s close. Meanwhile, the US dollar…
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The British Pound/Japanese Yen is starting to show signs of a makeshift bottom, as weekly oscillators have registered their most extremely oversold conditions in over 20 years and subsequently reversed. The short-term picture is less clear, but the pair continues to hover near its lowest levels since 1995.
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The Japanese Yen lost ground to the dollar for the first week in two months as Japanese fundamental data signaled that the economy is headed into a prolonged…
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The British Pound/Japanese Yen is starting to show signs of a makeshift bottom, as weekly oscillators have registered their most extremely oversold conditions…
Go to Original post