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USD/JPY bounces off lows, moves back above mid-107.00s
Escalating US-China tensions benefitted the safe-haven JPY and exerted some pressure on USD/JPY.
A goodish pickup in the USD demand extended some support and helped limit any deeper losses.
Traders are likely to wait for a sustained...
for new traders, use demo account first.
use amount of virtual money as much as your real money, so you could know your limit in terms of capital, psychology, etc.
EUR/USD: Downside risks for euro have eased, but upside potential remains limited for now – MUFG
Analysts at MUFG Bank, point out the Eurozone economy is beginning to pick-up, but hey warn the outlook remains highly uncertain. They see the downside risks for the euro have eased, but at the same...
USD/CAD: Oil still holding back CAD gains – CIBC
Analysts at CIBC see the USD/CAD pair to still be hovering around 1.41 by the end of next year, held back by Canada’s trade imbalance.
Key Quotes:
“Oil’s modest recovery over the past couple of weeks has seen the loonie pick up some strength...
GBP/USD Price Analysis: Pound approaching the May’s lows, trading sub-1.2200 figure
GBP/USD is trading below its main SMAs on the daily chart suggesting a bearish bias as the market is on track to a three-day losing streak.
GBP/USD is trading below the main SMAs on the four-hour chart...