Yen falls 7% this year to hit lowest levels in three decades Japanese authorities threaten to intervene again to defend it How likely is intervention, and what are the steps to get there? Yen tanks, again The Japanese yen absorbed heavy damage this year, briefly falling to a 34-year low against the US dollar. Selling […]
DXY: The DXY chart exhibits a bearish momentum, suggesting a potential continuation towards the 1st support level. The 1st support at 102.95 is significant as a multi-swing low support, indicating its historical importance as a level where buying interest has emerged, potentially providing support to the price. Furthermore, the 2nd support at 102.63 is characterized […]
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