The dollar fell against the yen, after the Bank of Japan’s less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut interest rates by 25 basis points next week.
The Dollar-Yen pair dropped 0.7% in the last session. The Ultimate Oscillator is giving a negative signal.
Support: 149.6 | Resistance: 154.85
Oil prices extended gains after settlement, rising by more than $2 per barrel on a report that Iran is preparing to attack Israel from Iraqi territory in the coming days.
The Oil-Dollar pair skyrocketed 2.3% in the last session. The Stochastic indicator is giving a positive signal.
Support: 66.55 | Resistance: 73.27
U.S. stock indexes were mixed, with the Dow gaining and the tech-heavy Nasdaq falling, as investors assessed a host of corporate earnings. Shares of Alphabet rose 4.1% after the company beat expectations for Q3 revenue and profit.
BlackRock’s spot Bitcoin exchange-traded fund has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency. The world’s largest asset manager reached the mark less than 10 months after launching its Bitcoin ETF, which began trading on January 10th.
The Bitcoin-Dollar pair fell 1.1% in the last session after a 1.6% intra-session dip. The RSI indicates an overbought market.
Support: 71257 | Resistance: 73384
The Canadian dollar strengthened modestly against its U.S. counterpart as oil prices rose and the greenback posted broad-based declines, but the loonie remained within reach of an earlier 12-week low.
The dollar hit three-month highs against the yen, but was little changed on the day against most majors as traders bided their time ahead of next week’s U.S. election and a slew of incoming economic data.
The Dollar-Yen pair saw a minor rise of 0.2% in the last session. The Ultimate Oscillator’s is giving a negative signal.
Support: 151.67 | Resistance: 155.03
