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Published on 10 May 2017
The
U.S. Dollar gained steadily yesterday, especially against a weak
Japanese Yen, but a developing political controversy in the U.S.A. saw a
minor reversal into the Asian session.
The EUR / USD currency pair continued its selloff, and remains weak as it struggles to rise above the round number at 1.0900.
The USD / JPY currency pair was strongly bullish yesterday, and still has some bid in it, but has sold off above 114.00.
The GBP / USD currency pair looks to have recovered from its deep pull back, finding support at 1.2900 and posed to rise again to challenge recent highs.
The EUR / USD currency pair continued its selloff, and remains weak as it struggles to rise above the round number at 1.0900.
The USD / JPY currency pair was strongly bullish yesterday, and still has some bid in it, but has sold off above 114.00.
The GBP / USD currency pair looks to have recovered from its deep pull back, finding support at 1.2900 and posed to rise again to challenge recent highs.
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