Forex Weekly Outlook – Surging Global Bond yields and Acute Currency Market Instability Boost Dollar

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  • #38544
    KnovaWave
    Participant

    Forex Weekly Analysis and Outlook – US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar, Australian Dollar, New Zealand Dollar,
    [See the full post at: Forex Weekly Outlook – Surging Global Bond yields and Acute Currency Market Instability Boost Dollar]

    #38628
    TradersCom
    Keymaster

    Monday:
    The U.S. Dollar Index increased past its May high, rising 0.8% to 105.03.
    Strongest
    #USD +8.06%
    #JPY +7.67%
    Weakest
    #AUD -6.35%
    #NZD -6.02%
    #GBP -3.59%

    #38786
    TradersCom
    Keymaster

    Yen has rallied for 2nd day #USDJPY -112 pips to 132.73 reversing off a 24-year high
    After #SNB surprise 5bp hike #Japan lone adherent to extremely easy monetary policy.
    #BOJ decision Friday any surprise the crowded short yen trade gets heavier update

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