The US dollar rose during the Asian session to its highest since December 28 against the Japanese Yen following the developments and economic data that followed the Japanese economy and the talk of a member of the Federal Committee and the President of the Bank of Kansas City Federal Reserve …
EURUSD
The pair is trading above 1.1270. It broke away from the short term upwards trend as the eurozone economy is expected to enter recession already this year, which will force the ECB to continue with its soft monetary policy.
The price is below the middle Bollinger band, above SMA …
The Australian dollar fluctuated in a narrowly bullish range during the Asian session to see its rebound from its lowest level since January 4 against the US dollar following the economic developments and data followed Tuesday by the Australian economy and amid a lack of economic data earlier this week. …
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