Forex
globalreutersFebruary 7, 20251 Mins read
USD/JPY: Oversold conditions suggest any decline may not reach 150.60 – UOB Group
globalreutersFebruary 7, 20251 Mins read Further weakness US Dollar (USD) is not ruled out; deeply oversold conditions suggest any decline may not reach 150.60. In the longer run, USD outlook remains negative; the level to monitor is 150.00, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Related Articles
Adding to the worries: Congress also faces a government showdown
Markets are puking today and one of the reasons is that there...
NASDAQ index on pace to its worst day since September 13, 2022 when the index fell -5.16%
The NASDAQ index is currently down 4.31%, that is is worst day...
It’s the worst day for the Nasdaq since 2022
Friday, US stocks got a big reprieve in the second half of...
BofA: What we expect from the BOC and USD/CAD at this week’s meeting
BofA expects the Bank of Canada (BoC) to cut its policy rate...
Leave a comment