A breach above a key resistance range has the price breakout eyeing initial resistance targets. Here are the key price levels that matter on the USD/JPY weekly chart
Month: July 2018
The British Pound struggles to hold its ground as fresh developments coming out of the U.K. economy dampen bets for an imminent Bank of England (BoE) rate-hike.
Federal Reserve Chairman Jerome Powell reiterated during testimony on Capitol Hill on Tuesday that the central bank believes gradually raising interest rates is the “best way forward.” Appearing before the Senate Banking Committee, Powell offered an upbeat assessment of the state of the U.S. economy. Powell said the U.S. economy has grown at a solid […]
The U.S. dollar continued to be higher against its major counterparts in the New York session on Tuesday, after Fed Chairman Jerome Powell remarked that the central bank would continue raising rate gradually amid solid economic expansion. In his semi-annual testimony, Powell struck a positive note on economy, indicating that he expects the job market […]