Back

Forex Today: Dollar recovers some ground as thin volumes persist

Here is what you need to know on Friday, January 3rd:

  • The dollar surged, mainly against its high yielding rivals, despite risk appetite, remained strong. Safe-havens, however, continued to advance against the greenback.
  • There were no political updates on the US-China trade war, neither about Brexit. Markit published the final versions of the December Manufacturing PMI, which suffered minor revisions.
  • Wall Street opened with substantial gains, retreated mid-US session to later resume its advance, with the three major indexes once again reaching record highs.
  • Stop gold extended its advance to $1,530 a troy ounce, holds nearby
  • Crude oil prices closed in the red but remained within familiar levels.
  • Crypto Today: Bitcoin smashes below $7000

USD/JPY under pressure below 200 DMA

Yen has caught up to its peers, surging against the USD which up until today had been the laggard over these holidays. USD/JPY is currently trading at
อ่านเพิ่มเติม Previous

USD/CHF recovers from lowest since September 2018, holds above 0.9700

The USD/CHF pair rose for the first time since the beginning of the week and recovered ground after falling on Tuesday to the lowest since September 2
อ่านเพิ่มเติม Next