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.
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 […]
(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. ...