Previous close | 155.4980 |
Open | 155.4980 |
Bid | 155.8590 |
Day's range | 155.1440 - 155.9510 |
52-week range | 133.7520 - 159.9610 |
Ask | 155.8710 |
The US Dollar continues to see a lot of upward pressure, as the markets continue to punish the Japanese yen for the low interest rates. The interest rate differential continues to be a major driver of where we go here.
The US dollar continues to see upward pressure, as the markets continue to focus on the interest rate differential, as you get paid to hold onto this pair over the longer term.
The USD continues to show signs of volatility against the yen, but more importantly – strength. Although we have seen some central bank actions, at the same time – interest rate differential continues to be important.