USD moves to new highs vs most of the major currencies. What next for the major currency pairs?

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The USD is moving to a new high vs most of the major currencies helped by rising oil, higher yields from increase military tension in the middle east.  

Oil prices are nearly up $4 on the day and approaches the $90 level. Yields remain elevated with the two-year up 3.7 basis points, the 10 year up 3.4 basis points.

US president Trump said that the US is currently striking Iran targets near the Strait of Hormuz and that the strikes are larger and powerful. The attacks are in retaliation for Iranian attacks which were in retaliation for US attacks on Iran. The vicious circle continues.

In the video above I take a look at each of the major currencies vs the USD including the 

  • EURUSD
  • GBPUSD
  • USDCHF
  • USDJPY
  • USDCAD
  • AUDUSD and 
  • NZDUSD

and talk to the technicals that are driving each of those currencies as they reach new lows vs the greenback.  

This article was written by Greg Michalowski at investinglive.com.

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最近のFX関連情報Technical Analysis

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