Ilian Yotov is a longtime FX Strategist, known among industry peers as the creator of The Quarters Theory, a revolutionary methodology applied to the price behavior of currency exchange rates. His FX market analysis, outlook and forecasts are sought by popular financial publications worldwide... More
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Today's All Things Forex Broadcast: Has The USD Rallied Too Much Too Soon Vs. JPY? 0 comments
In the broadcast today: Has the USD Rallied Too Much Too Soon vs. JPY? As the U.S. dollar takes a breather from its recent sprint against the Japanese yen, we examine if this is simply a price correction before the greenback regains its bullish momentum or if the dollar's "too fast, too soon" rally may be running out of steam, we analyze the latest trend developments in the USD/JPY currency pair, we note yet another test by the EUR/USD pair at the $1.30 level, we take a look at the CHF following the better than expected Swiss economic growth data, we highlight the market's reaction to the Japanese Retail Sales, the Fed Beige Book, the Swiss GDP, the German Unemployment, the U.S. GDP and Jobless Claims, we discuss new forecasts from JPMorgan Chase and BNP Paribas, and prepare for the trading session ahead.
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