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Foundations to play from today - FXStreet

FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained conditions surrounding the greenback and markets from the previous sessions overnight.

Key Quotes:

“The dollar suffered a setback early Europe with air strikes to Syria triggering demand of safe haven yen and dollar, and pushing investors to dump the greenback, that eased against most of its rivals”.

“Commodity currencies have been however unable to pick up suffering from self weakness all day long”.

“Among stocks, European indexes closed in the red, while American indexes also suffered, erasing most of last week gains by Tuesday close”.

USD/JPY running into negative technical sentiment

USD/JPY is slowing up on the bid and has run into supply capping the uptrend of late just below the key and psychological 109 handle.
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