RichDadph-FX

RichDadph-FX

DXY bulls aim for 102.00 amid banking jitters and debt ceiling drama. Despite mixed US data and downbeat yields, the DXY is holding steady, and investors are watching for clues in today's Durable Goods Orders for March. While banking fears remain a concern, major central banks' efforts to restore market confidence are reassuring. However, uncertainty...

RichDadph-FX

Key Takeaways: 👉 The US Dollar is benefiting from risk aversion, but US Treasury yields remain a drag, causing a pullback in the USD/JPY pair from its multi-week highs. 👉 The expectation that the new Bank of Japan Governor Kazuo Ueda could abandon the central bank's yield curve policy is lending support to the Japanese Yen. 👉 All eyes are on the US Retail Sales...

RichDadph-FX

• EUR/USD comes under pressure but remains bolstered by 1.0800. • Next on the upside emerges the key barrier at 1.0900 the figure. EUR/USD fades the initial test of the 1.0860 region and returns to the negative territory on Friday. Extra range bound mood looks likely for the time being, while the surpass of the so far YTD top at 1.0887 (January 18) should...