Dollar ready for a positive breakout on EUR/USD and USD/JPY
From hantecfx.com
With signs of some stabilisation in the price of oil and the continued reassurance of the Federal Reserve, sentiment on the markets has changed significantly in the past few days. Janet Yellen suggesting that it would be unlikely that the Fed would be raising rates at least until after the next two meetings has certainly been the major boost. Equity markets have soared higher in the past couple of days with the S&P 500 closing 2.4% higher, Asian markets strongly higher overnight (with the Bank of Japan standing pat on monetary policy allowing further weakness on the yen and subsequently strong Nikkei gains) and ...
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