So it had the audacity to retest for the third time in more than a year.
You can simply realize the dollar's dominance over this currency. As a lower percentage holder but second in line in the basket, we can see Japan's currency weakness effected by any dollar move, created by its opposite, the bigger percentage holder in its basket.
the dollar, extending losses from the previous session and sliding to one-week lows as the Federal Reserve maintained its outlook for three interest rate cuts this year.
WE COULD SEE BEARISH CHANNLE SHAPING ALONG THE WAY THIS YEAR, ONLY IF INFLATION 2% GOAL IS EARNED, TO EASE THE DOLLAR BACK TO ITS GOOD OLD LEVELS, NOT FOR ITS BUYERS BUT FOR ITS NATION'S FIRST HAND CONSUMERS
You can simply realize the dollar's dominance over this currency. As a lower percentage holder but second in line in the basket, we can see Japan's currency weakness effected by any dollar move, created by its opposite, the bigger percentage holder in its basket.
the dollar, extending losses from the previous session and sliding to one-week lows as the Federal Reserve maintained its outlook for three interest rate cuts this year.
WE COULD SEE BEARISH CHANNLE SHAPING ALONG THE WAY THIS YEAR, ONLY IF INFLATION 2% GOAL IS EARNED, TO EASE THE DOLLAR BACK TO ITS GOOD OLD LEVELS, NOT FOR ITS BUYERS BUT FOR ITS NATION'S FIRST HAND CONSUMERS