fxsignals4pips
Short

Dollar strongest since 2003, but Yen pairs facing daily resistan

OANDA:USDJPY   U.S. Dollar / Japanese Yen
The U.S. Dollar shot to 2003 highs as investors continue to bet on inflation taking off followed by an interest rate hike.

Starting off with a few COT report positions, non-commercial longs increased across almost all pairs. The Great Britain Pound non-commercial short positions reduced by 9,532 contracts, Australian Dollar             longs rose by 410 contracts, Canadian Dollar             shorts dropped 2,713 contracts, and finally Euro             shorts dropped 10,132 contracts.

Nevertheless, the Euro             Zone and Asian currencies are at risk with Trump’s policy plans to essentially re-enact trade barriers and bring manufacturing back into U.S. borders in order to increase employment and market U.S. goods competitively.

Full Analysis @ ForexReloaded.com
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out