Yen Crosses Eyes Resistance Breaks

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Yen Crosses Eyes Resistance Breaks As expected, the Japanese Yen continued losing ground to the US Dollar and British Pound this past week.  READ MORE Market Analysis Gold prices are attempting a comeback after being suppressed for some time as the US dollar gained ascendency. READ MORE The Australian dollar is trading at extreme levels this Monday as the PBoC decided to modestly reduce interest rates on the 1-year LPR while keeping the 5-year rate on hold. READ MORE The Euro steadied to start the week as it pauses in its recent run lower on the back of the US Dollar regaining its ascendency this month. READ MORE The British Pound consolidated against the US Dollar this past week despite GBP/USD confirming a breakout under the key rising trendline from last year. READ MORE Durable goods entail products/items that are hard wearing in nature and are long lasting.  READ MORE The Fed's actions and policies have a major impact on currency value, affecting many trades involving the US Dollar.  READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level. LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment. LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets. LEARN MORE

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