Both omicron and Powell’s comments increased volatility in EUR/USD. What to expect further?
Tag - usd
The higher prices seen today are generally related to the pandemic, that’s no doubt. US consumer prices jumped in October at the fastest pace in three decades putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will raise interest rates next year. Jerome Powell says Fed will discuss speeding up bond-buying taper at the December meeting. What does it mean for markets?
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading between the Tenkan sen and Kijun sen level…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is trading between the Tenkan sen and Kijun sen level…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is trading near the lower level of the Kumo…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is gyrating slightly below the lower level of the cloud…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading between the Kumo and the Tenkan sen level…
USD/TRY belongs to the exotic group of Forex currency pairs, that’s why traders don’t trade it regularly. However, these days this pair is in the focus of all the trading community!
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is trading slightly above the Kumo…
Jerome Powell is getting a second term as chair of the Federal Reserve. Powell is seen as less dovish than Brainard (another nominee). The US dollar should get some support from the possibility of faster-than-expected Fed tapering.
Ichimoku Kinko Hyo AUD/JPY: The AUD/JPY pair is trading between the Tenkan sen and Kijun sen level…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…