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  1. Forex - Dollar Drifts Lower in Tight Trading Ranges

    By Peter Nurse

    Investing.com - The dollar edged lower in early European trade Friday, but trading ranges have been tight as traders attempt to weigh up the conflicting forces of a continued economic recovery with heightened tensions over China’s move to tighten control over Hong Kong.
  2. EURJPY Price Is Under Bullish Pressure at a Significant Resistance Level

    EURJPY Price Analysis – May 29 In case the current daily bullish candle closes above the supply level of $119, then, an increase in the EURJPY price may be unhindered to $120 and $121 price level. When the bears defend the supply level of $119, the price may reverse to face the demand levels […]
  3. Fed’s Mester Leans Against Yield-Control Move at June FOMC

    (Bloomberg) -- Federal Reserve Bank of Cleveland President Loretta Mester said she doesn’t think the central bank is close to a decision on targeting Treasury yields, a policy known as yield-curve control.

    “No decisions have been made on that at all,” Mester said Friday in an interview with Michael McKee and Jonathan Ferro (NYSE:FOE) on Bloomberg Television. “I don’t think of that as something that would be in this phase of what we’re doing, to make sure the markets continue to function. ...
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