February 26, 2021

Currencies Performance, Unique Levels & Polls

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April 1

US dollar rebounded from 3-year low versus the Canadian dollar lately. The 2021 have seen a different kind of movements for the currencies with Canadian dollar going higher earlier on and USD/CAD trading as low as 1.236. However, recently US dollar rebounded and began April above 1.25 level. Where it will be in future is an interesting question. As of start of new quarter the Canadian dollar is choosing the path that it will take next for Q2. Check out this pair and more other updates on our Twitter.

USD/CAD since start of 2021 MAX 𝟏.𝟐𝟖𝟖 MIN 𝟏.𝟐𝟑𝟔

US dollar rebounded from 3-year low vs #Canadian #dollar

🔴Canadian dollar is choosing the path next for Q2

USD/CAD 🇺🇸🇨🇦 at 𝟭.𝟮𝟱𝟳 now

Since start of 2021
MAX 𝟏.𝟐𝟖𝟖
MIN 𝟏.𝟐𝟑𝟔$USDCAD #currency #trading #thursdaymorning @ErikBregar @mayaivanoff @turbzen1 @forex700 pic.twitter.com/wMKwYYXQia
— FXUpdates💵💶💴 (@ForexinWorld) April 1, 2021

March 16

USD/JPY continues rise with the Japanese at 9-month low. Moreover, the 110 level in USD/JPY is about to be crossed. The pair seems to be very close and next couple of days will show if it is going to cross before March ends. The safe-haven flows did not favor the Japanese yen. However, the pair is overstretched and selling might be taking place with reversal in positions. From Toyota to other companies many had an affect on the rate. Large part of it is going to impact the coming quarter as the first one ends this month.

USdollarJapaneseyenrate

February 26

5-month low printed in Japanese yen as US dollar keeps gaining. The stocks and USD/JPY pair correlations continued. The pair has seen a minimum of 102.6 in 2021. It is few yens higher than that with about 4 units up.

💠USD/JPY at highest at 106.5 now

💠USD rising 4 days in a row

Japanese yen US dollar

February 25

New Zealand dollar is now few US cents more than at the end of December. Lately it continued with 3-year high and was even going above 0.74 before coming down to 0.73 area on February 25th. As you can see on the graph the New Zealand dollar costed below 0.72 US dollar at the end of 2020. However, even that price was at the highest levels in multiple months. Numbers as 0.75 in NZD/USD will be truly historic if crossed.

February 22

With the fall of the Bitcoin by more than 10% on Monday, February 22 and below 50,000 the volatility has been wild in couple of days. On the other hand, GBP/USD kept making new highs of 3-year high above 1.40 and up. The British pound outperformed certain currencies lately, and seems to be among strongest in G10 currencies. The cryptocurrency reached the highest of 57,533 on February 22nd with a fast velocity of movement.

Bitcoin Cryptocurrency