The US Dollar drifted lower as debt ceiling concerns and a potentially dovish Federal Reserve undermined. The Japanese Yen managed to rally after poor data. Lower USD/JPY?
US Dollar Slides on Uncertainties While Japanese Yen Firms Despite Poor Data
access_timeNovember 21, 2024
Latest:
- What technical levels are in play for some of the major currencies vs the USD for Nov 21
- GBPUSD Technical Analysis – Waiting for a breakout
- ECB’s Patsalides: If Dec projections confirm baseline scenario, there is room to cut rates
- USDCAD Technical Analysis – We are at a key support zone
- Fed’s Barkin says does not want to prejudge December meeting
- ECB’s Stournaras vouches for a 25 bps rate cut in December
- Crude Oil Technical Analysis – We are stuck in a range
- Gold Technical Analysis – New highs as rate cuts repricing pauses
- Fed’s Williams: The disinflationary process will continue
- BOJ governor Ueda: We don’t make comments on short-term FX moves
Stay Ahead In The Forex Game