(VIANEWS) – USD/EUR (USDEUR) has been up by 2.51% for the last 21 sessions. At 16:10 EST on Tuesday, 28 March, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.075% up from its 52-week low and 12.068% down from its 52-week high.
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- Usd/jpy bears ignore boj’s kuroda near 130.50 as yields retreat amid upbeat mood. According to FXStreet on Tuesday, 28 March, "On the flip side, the geopolitical fears surrounding China and Russia challenge the market’s upbeat sentiment, as well as the USD/JPY bears. ", "It’s worth noting that the recently downbeat US data weighed on the hawkish Fed bets, especially after talks of US recession, previously teased by MinneapolisFedPresident Neel Kashkari, which in turn exerted downside pressure on the USD/JPY prices. "
- Usd/jpy climbs to fresh daily high, around mid-131.00s amid receding safe-haven demand. According to FXStreet on Monday, 27 March, "Apart from this, expectations that the Bank of Japan (BoJ) will tweak its bond yield control policy and whittle down its massive stimulus under new Governor Kazuo Ueda might contribute to capping gains for the USD/JPY pair. ", "A generally positive tone around the equity markets undermines the safe-haven Japanese Yen (JPY), which, in turn, is seen as a key factor acting as a tailwind for the USD/JPY pair. "
- Usd/jpy price analysis: clings to gains around mid-131.00s, 200-hour SMA holds the key for bulls. According to FXStreet on Monday, 27 March, "Some follow-through buying, however, might prompt a short-covering rally and push the USD/JPY pair towards the 132.80-132.85 region, representing the 38.2% Fibo. ", "The USD/JPY pair could decline further towards the 130.00 psychological mark before eventually dropping back to the multi-week low, around the 129.65 area touched on Friday."
- Usd/jpy: neutral view amidst global banking turmoil – morgan stanley. According to FXStreet on Monday, 27 March, "Analysts at Morgan Stanley shift their view on the USD/JPY pair to neutral from their previous long recommendation.", "With the risk of the market pricing in further policy convergence, we close our long USD/JPY position and turn neutral until things become much clearer."
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