Tag Archives: Share Trading

The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.

A surprise draw from the EIA weekly inventory report was not enough to outweigh concerns driven by increased OPEC production as well as risk-aversion on tariff related headlines.

The Japanese Yen has fought back a bit against the US Dollar but bulls find themselves stymied by the same retracement which has held up the Nikkei

The Australian Dollar has managed a tepid recovery after hitting an 11-month low against its US counterpart but the dominant down trend remains firmly in place.