
EURUSD holds support at the 100 day MA AGAIN The EURUSD has been stepping down today, and the focus for the pair was looking at its 100-day moving average (blue line currently at 1.09132). Recall that back in early July, the price approached that moving average on July 6 and found willing buyers (see chart

The Bank of Japan met and eased their yield curve control on the 10 year effectively expanding their tolerance by a further 50 basis points to 1.0%. That news – and the other news this week – has the pair moving back toward a neutral level after up-and-down-volatility. The pair is trading near the 38.2%

Most dollar pairs are seeing light changes so far today and the greenback itself is seeing some mixed tones, as markets are keeping rather tentative awaiting the FOMC meeting decision. USD/JPY did move slightly lower from its highs in Asia, down from around 141.00 to 140.72 currently but is now just down around 0.13%. The