Previous Close | 156.4070 |
Open | 156.3970 |
Bid | 154.7800 |
Day's Range | 154.6880 - 156.5600 |
52 Week Range | 136.3040 - 159.9610 |
Ask | 154.8600 |
The US Dollar fell a bit in the early hours on Wednesday, as the retail sales number in the USA fell short. The CPI numbers were also a bit soft, and this had a lot of traders selling the greenback. However, this is a trend that isn’t going anywhere.
The US Dollar continues to rise against the yen, as the market is likely to continue its momentum as the interest rate differential is a major driver of what is going to be the action of traders going forward.
The USD/JPY pair continues to see strength against the yen, as we see a lot of support underneath, and of course have been in a long-term uptrend for ages it seems.