Nigeria
2022-06-08 04:38
Market analysisUS DOLLAR OUTLOOK
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Forex
Market analysis:
US DOLLAR OUTLOOK:
The US Dollar (via the DXY Index) has stabilized after dropping swiftly from its yearly highs.
Higher US Treasury yields have helped USD/JPY rates ward off a potential topping pattern, with the pair extending to fresh multi-decade highs.
The IG Client Sentiment Index suggests that USD/JPY has a bullish bias in the near-term.
Aminuhassan
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US DOLLAR OUTLOOK
US DOLLAR OUTLOOK:
The US Dollar (via the DXY Index) has stabilized after dropping swiftly from its yearly highs.
Higher US Treasury yields have helped USD/JPY rates ward off a potential topping pattern, with the pair extending to fresh multi-decade highs.
The IG Client Sentiment Index suggests that USD/JPY has a bullish bias in the near-term.
Forex
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