The US dollar has pulled back slightly against the Swiss franc during the Friday early hours, but that’s not a huge surprise considering that we are shortly extended over the last couple of days. And I think the 0.81 level will continue to be important. What I have noticed though is that the US dollar…
The USD/JPY pair builds on its weekly bullish gap-up opening and climbs to the 152.30 area during the first half of the European trading session, reversing a major part of Friday’s sharp retracement slide from the highest level since February 13.
Germany plunged during trading on Friday, as we have seen the fears of an increasing trade war between the United States and China not, lot of risk appetite out of the markets. All things being equal, this is a market that I think continues to see a lot of concerns about whether or not the…
Ethereum felt rather significantly during the trading session on Friday, as we have seen a decidedly “risk off” type of environment. In fact, Ethereum is down almost 6.5% for the session, as we continue to see Ethereum move back and forth with the overall risk appetite of traders around the world, and of course Ethereum…
The USD/MXN is near the 18.45775 mark as of this writing, but traders need to take a look at the wide spreads in the currency pair before venturing forth with a speculative position today.
Bitcoin initially attempted to rally during the session on Friday but gave back gains rather quickly in order to show signs of negativity. We have plunged below the $120,000 level, which of course is a large, round, psychologically significant figure, and of course where we had bounce from during the previous session. Now that we…