Yesterday a lot of economic indicators were released in the US, which showed mixed dynamics, but in general, the reserve currency began to win back lost positions relative to the major currencies.
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Yesterday a lot of economic indicators were released in the US, which showed mixed dynamics, but in general, the reserve currency began to win back lost positions relative to the major currencies.
More information see here
The uncertain future for the the tax reform in the USA negatively impacted the USD. There is no incentive for further growth.
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Today the figures for the Japanese economy came out, which reflected data on exports and imports. The monthly indicators of the trade balance were lower than expected.
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Today in the UK the Bank of England is releasing a report on inflation where the current inflation figures will be announced as well as whether they reach the target levels.
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Stock indices are updated.
High amid claims the current Fed chief Janet Yellen is withdrawing from the Federal Reserve, the dollar began to decline yesterday, while stock indices, by contrast, flocked to updated highs.
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Check out how to make a profit from this pair's bearish movement today.
Today we would take a look at the USD/JPY currency pair.
Consulting our fundamental factors first, not much is going on in Japan.
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Dark times lie ahead for the United Kingdom.
The bad news for the United Kingdom only seem to pile up ever since the Brexit vote last June. With EU nationals members of the labour force leaving the UK in favor of other European countries, the major decline of the British pound sterling (12% versus the USD), and political instability caused by tough negotiations with the European Union, the economy of the United Kingdom is not what it used to be.
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Today we can take advantage of the bearish movement of the pair.
After the weekend, today in the US a lot of macroeconomic indicators and monthly reports are coming. At the moment the reserve currency, relative to the main pairs, continues to lose ground and the dollar index is near the mark of 92.61.
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Enter the market only after the formation of a certain trend.
Today the Senate is expected to vote on the adoption of Trump's tax reform. Against this background, the US dollar since the beginning of the trading day has regained some of its positions relative to other pairs.
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With decreasing geopolitical risks in the EU, there is potential for the euro to strengthen.
The unstable political situation in the EU has had a negative impact on the EUR/SGD over the past few months. However, the situation has changed unexpectedly since November with the formation of an upward trend. The support line has already changed its direction.
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