Friday 14 April 2023

The USD moves higher and retraces some of the week's declines

Fed's Waller spoke to the idea that inflation remains too high and therefore more hikes are needed ("hikes" as in more than 1 more hike). That has given the USD a boost in early NY trading. The 2 year is up 10 basis points. The 10 year is up 6 basis points. In this technical report, I take a look at the EURUSD, USDJPY, GBPUSD and the USDCAD and outline the levels in play and show/explain why. This article was written by Greg Michalowski at www.forexlive.com.
http://dlvr.it/SmV1Fj

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