-
Gold continues slide, USD bid ahead of CPI, JPY dumps
USD was mildly bid on Monday ahead of a very busy calendar starting with US CPI later today. The US Dollar Index (DXY) rose to a high of 104.26, testing its trendline resistance before paring back to finish the session modestly in the green. DXY continuing to trade in the tight range between its 200-Day MA to the downside and resistance at around 104.25 to the upside. USD traders have a busy week ahead, along with CPI today, PPI and the FOMC rate announcement are ahead tomorrow. chart The Japanese Yen dumped after a Bloomberg report citing BoJ sources that said the BoJ sees little need to end negative rates in ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Dec 12, 2023 1:38am Dec 12, 2023 1:38am
- Faucon
- | Joined Jan 2012 | Status: Member | 179 Comments | Online Now
- Comment #2
- Quote
- Dec 12, 2023 1:38am Dec 12, 2023 1:38am
- Guest
- | IP XX.XXX.35.79
- Comment #3
- Quote
- Dec 12, 2023 1:42am Dec 12, 2023 1:42am
- Guest
- | IP XX.XXX.35.79