The pair remains in an up and down range above the 100 hour MA The GBPUSD has moved back toward the closing levels on the day after an earlier decline has been erased.
Blogs
USDJPY trades to a new low and looks to test the week's lows
The USDJPY trades to new session low The USDJPY trades to a new low and looks to test the Monday low at 107.116. That was the lowest level since March 18. On a break, the 107.00 level will be eyed. Not only is it a natural support level, but is also a lower trend line.
US stocks open lower with declines. Nasdaq does better but still lower.
S&P down -3.57% The major US stock indices are opening lower. The NASDAQ is outperforming but still down about 2.8% on the day. The snapshot of the major indices are currently showing
EURUSD moves away from its 100 day MA. Bears in control.
Trades near session lows. The EURUSD has moved away from its 100 day MA at 1.10421 today after an early Asian session sniff of the level was turned away.
The USD is the strongest and the CAD is the weakest as the NA traders enter for the day
Stocks moving lower The USD is the strongest and the CAD is the weakest as NA traders enter for the day. Stocks are lower as are US yields. Gold is rebounding after falling earlier and bounciing. Oil is trying to stay above $20 as the Oil war continues between Saudi Arabia and Russia despite the […]
USD/JPY remains in a tug of war battle today
USD/JPY keeps near flat levels as both the dollar and yen are keeping firmer against the rest of the major currencies bloc ForexLive The pair has been trading narrowly over the past few hours, sitting between 107.40-60 for the most part as both the dollar and yen are leading gains against the major currencies bloc […]
EUR/USD falls to session low, down by 1% on the day now
EUR/USD falls to its lowest level since 26 March as the dollar keeps firmer ForexLive It is all about the dollar and and the yen in the major currencies space, as both currencies are keeping firmer on the day amid the softer risk mood in the market.
USD/CAD works its way back above 1.4200 as dollar continues to firm
USD/CAD making its way back towards the 200-hour moving average ForexLive Amid quarter-end flows and what not yesterday, the pair had a wild session as price moved above 1.4300 only to come crashing down back towards the 1.4000 level.
FX option expiries for Thursday April 02 at the 10am NY cut
EUR/USD USD/JPY GBP/USD ForexLive
Indonesia central bank says in discussion with Fed for possibility of swap, repo lines
The dollar squeeze in emerging markets is where the problem is at The swap lines offered by the Fed is good to address the needs by local banks on the receiving end as they start to run empty on dollars.