Risk-on moods can be seen on the global financial markets today. Equity futures rise in Europe and the United States. However, the US dollar can be seen as a loser as it trades lower against all major peers. EURUSD jumped above 1.0875 today to trade at 1-week high. Meanwhile, USDJPY slumped below 107.00 handle for the first time in six weeks.
EURUSD broke above the upper limit of the descending triangle pattern. The pair trades at 1-week high near 1.0875. Source: xStation5
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17:15USDIDX is approaching 100-period EMA (dark purple) on M30 interval after the US Senate narrowly passed Donald Trump’s “big, beautiful bill,”...
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