USD/JPY Tests 155.01 Support After Confirming Top at 163.97
USD/JPY's steep decline last week confirmed a medium-term top at 163.97, with bearish divergence on the daily chart pointing to…
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EUR/USD eyes 1.1621 resistance after rebound from 1.1323
EUR/USD's rebound from 1.1323 suggests the pair's slide from 1.2081 completed as a three-wave correction, keeping the near-term bias tilted…
Warsh raises idea of cutting Fed policy meetings, NYT reports
Federal Reserve Chairman Kevin Warsh raised the idea of cutting the number of the Fed's regularly scheduled policy meetings, the…
Euro Gains About 1% in July as Dollar Posts Worst Month Since April
The euro gained about 1% against the dollar in July as the dollar posted its worst month since April, squeezed…
US Treasury Tells Banks It May Intervene in Yen Market
The U.S. Treasury has informed a number of banks it may intervene in the yen market on Friday, a source…
