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USD/JPY’s bearish trend that started last summer may have now resumed, based on the weekly chart, said City Index and FOREX.com.
EUR/USD’s upward bias will probably stay intact as long as EUR/USD holds above the 55-day exponential moving average, UOB said, adding it was premature to expect EUR/USD to retest 1.1573.
Take a look at how various financial markets have traded following the release of April’s consumer-price index: Treasury yields, the dollar, oil and gold.