DailyFX - Feeds all

DailyFX - Feeds all


USD/JPY Weekly Outlook - Testing Multi-Month Lows as the US Dollar Slides

Posted: 25 Jul 2020 05:00 AM PDT

The Japanese Yen is ending the week on a very positive note against the US dollar, and trades below USD/JPY 106 in holiday-thinned conditions.

Nasdaq May Fall as Valuation Stretched Close To "Bubble" Level

Posted: 24 Jul 2020 09:00 PM PDT

The Nasdaq stock index may face a meaningful pullback in the weeks to come as investors eye profit-taking after a historic 41% rally in the three month through June 2020.

Euro Forecast: Outlook for EUR/USD Still Positive But Beware Profit-Taking

Posted: 24 Jul 2020 03:00 PM PDT

Having broken above the 1.15 level, EUR/USD is well placed to challenge the 1.1621 high reached in October 2018. However, a pullback is possible first after the pair's recent strong gains.

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