United States — News Archive

The US dollar versus the Japanese yen currency pair rallied strongly and reached the 108.89 level, from where profit booking began.

The Australian dollar versus the US dollar currency pair recovered yesterday, October 16, after it almost touched the 0.6700 level, thus signaling that the sellers may dissipate.

The Australian dollar started the trading week with losses against other most-traded currencies. The general market sentiment seemed to be relatively optimistic due to the positive news about the US-China trade negotiations. But trade data from China released on Monday did not look good, and that is one of the possible reasons for the weak performance of the Aussie.

The Australian dollar versus the US dollar currency pair seems to be trying to depart from the important 0.6700 support level.

The US dollar versus the Japanese yen currency pair dropped after a very nice rally, putting in danger the possibility of further appreciation.

The Australian dollar versus the US dollar currency pair dropped after confirming the resistance of 0.6858, but it seems that it has a hard time breaching the support of 0.6700. However, will 0.6700 stand yet again?

The US dollar ended the week mixed amid confusing fundamentals. Uncertainty about the US-China trade negotiations, political turmoil in the United States, and other geopolitical factors were not helping the currency to find direction.

The US dollar versus the Japanese yen currency pair bounced off 106.92 and is now trying to conquer 108.12.

The Australian dollar versus the US dollar currency pair fell under the 0.6800 psychological level, but still, there are reasons to expect an upside movement.

The Australian dollar traded mildly higher today as the market sentiment improved slightly on positive news about US-China trade talks.