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Where Independent Traders, Investors, and Dribblers Thrive
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]
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%
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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