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Dollar Edges Higher; Climbs to 20-Year ... - au.investing.com
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The Australian dollar has fallen a bit during the trading session on Monday to break down below the 50 Day EMA. The market is closing towards the bottom of the candlestick, and that of course is something worth paying close attention to. The Aussie dollar has been falling for a while now, so it does suggest that we are simply going to continue The dollar index rose past 101 for the first time since March 2020 on Tuesday, as the greenback set its latest 20-year high on the yen and tested a two-year peak on the euro, supported by high U.S Investing.com - The U.S. dollar edged higher in early European trade Tuesday, climbing to a 20-year high against the Japanese yen, as U.S. Treasury yields rise in the expectation of strong U.S. economic data, cementing sharp interest rate hikes. At 3:20 AM ET (0720 GMT), the Dollar Index, which The Euro may remain vulnerable against the Australian Dollar as Russia’s attack on Ukraine pusses Europe to source goods from Australia. EUR/AUD is eyeing an Ascending Triangle. The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak against the euro, supported by high U.S. Treasury yields. The dollar's gains have been most 10 hours agoFOREX-Dollar steadies after hitting fresh 20-year high on yen European currencies weren't helped by the latest fighting in Ukraine. The Australian dollar rose 0.56% from Monday's one-month low and was at $0.739, given some support by minutes published Tuesday from the Reserve Bank of Australia's April policy meeting, which suggested the central bank was edging closer to raising interest rates FX Trading focus: CHF finally joining the JPY in feeling the pressure from rising yields? The slide in the JPY took on new energy overnight as USDJPY pulled all the way above 128.00, carving out new 20-year highs, with the next major chart point up at 135.00, the high from early 2002.
Euro, Australian Dollar Outlook: EUR/AUD Downtrend in Focus ...
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AUD/USD Forecast: Aussie Breaks Below the 50 Day EMA
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