The US dollar fell during the Asian session to witness its rebound to the second session from its top since February 24 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and on the cusp of developments and economic data expected …
The pair is trading below 1.4420 amid the rising crude oil prices and positive news from China, as the country reopens its borders due to the subsiding coronavirus pandemic. Another positive growth factor for the pair is an increase in demand for risk assets and the announcement of unprecedented …
The historical level of 109.33 held back sellers. The same level was at the lower border of the rising price channel. The SP 500 index shows an upward movement today against the backdrop of the Fed's announcement of the QE launch.
Trading recommendations:
Buy at the current price (112.73). …
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