{"id":590480,"date":"2023-08-25T09:27:11","date_gmt":"2023-08-24T23:27:11","guid":{"rendered":"https:\/\/www.gomarkets.com\/?p=590480"},"modified":"2023-10-11T08:50:24","modified_gmt":"2023-10-10T21:50:24","slug":"fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole","status":"publish","type":"post","link":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/","title":{"rendered":"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole"},"content":{"rendered":"<p>USD was higher on Thursday, with The Dollar Index bouncing back strongly from Wednesdays decline, breaking through the resistance level of 103.60 to touch on the weekly highs at the big 104 level and hitting overbought levels on the daily RSI. Market risk-off, rising yields and a lower than forecast jobless claims figure giving the USD a boost as good news is bad news for equities which in turn is good news for the USD (if that makes sense!) \u00a0Looking ahead to Friday\u2019s session, all attention will be on Fed Chair Powell speaking at Jackson Hole 14:05 GMT, we are sure to see some volatility in USD as traders look for hawkish or dovish clues from the Fed chair.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-402309\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2023\/08\/dxy-10.png\" alt=\"\" width=\"1711\" height=\"804\" \/><\/p>\n<p>AUD, NZD, and CAD all saw losses to varying degrees against the USD on broad risk-off sentiment resulting in haven flows to the USD. CAD was the \u201cleast worst\u201d with a rally in oil prices supporting CAD somewhat. Risk sensitive AUD and NZD were the underperformers with both AUDUSD and NZDUSD giving back all their Wednesday gains and then some. AUDUSD and NZDUSD both sliding to test their major support levels at 0.6400 and 0.5900 respectively. Again, these will be key levels to watch as we head into Jackson Hole.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-402307\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2023\/08\/audnzd-6.png\" alt=\"\" width=\"1716\" height=\"805\" \/><\/p>\n<p>EUR and JPY both also saw losses against the USD, but not as deep as the more risk sensitive cyclical currencies above. EURUSD managing to defend the psychological 1.0800 level, which was the support level set in Wednesday\u2019s session and also the 200 Day MA level. USDJPY held beneath 146.00, but still well above the key 145 level, rising US yields pushing this pair higher, but held back somewhat by the safe haven status of the Yen.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-402310\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2023\/08\/eurjpy.png\" alt=\"\" width=\"1713\" height=\"804\" \/><\/p>\n<p>In risk events for today and the weekend, all eyes will be on the Jackson Hole Symposium, where the main event will be comments from Fed Chair Jerome Powell, also on the docket will be other Fed speakers and ECB President Lagarde.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-402308\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2023\/08\/cal-12.png\" alt=\"\" width=\"953\" height=\"185\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD was higher on Thursday, with The Dollar Index bouncing back strongly from Wednesdays decline, breaking through the resistance level of 103.60 to touch on the weekly highs at the big 104 level and hitting overbought levels on the daily RSI. Market risk-off, rising yields and a lower than forecast jobless claims figure giving the [&hellip;]<\/p>\n","protected":false},"author":48,"featured_media":590481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4289],"tags":[],"class_list":["post-590480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-trading"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole - GO Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole - GO Markets\" \/>\n<meta property=\"og:description\" content=\"USD was higher on Thursday, with The Dollar Index bouncing back strongly from Wednesdays decline, breaking through the resistance level of 103.60 to touch on the weekly highs at the big 104 level and hitting overbought levels on the daily RSI. Market risk-off, rising yields and a lower than forecast jobless claims figure giving the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\" \/>\n<meta property=\"og:site_name\" content=\"GO Markets\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-24T23:27:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-10T21:50:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"475\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lachlan Meakin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lachlan Meakin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\"},\"author\":{\"name\":\"Lachlan Meakin\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/person\/07b00a3510a85b406d03cd55b6af0b34\"},\"headline\":\"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole\",\"datePublished\":\"2023-08-24T23:27:11+00:00\",\"dateModified\":\"2023-10-10T21:50:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\"},\"wordCount\":333,\"publisher\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg\",\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-svg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\",\"url\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\",\"name\":\"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole - GO Markets\",\"isPartOf\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg\",\"datePublished\":\"2023-08-24T23:27:11+00:00\",\"dateModified\":\"2023-10-10T21:50:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#breadcrumb\"},\"inLanguage\":\"en-svg\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-svg\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage\",\"url\":\"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg\",\"contentUrl\":\"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg\",\"width\":770,\"height\":475},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.gomarkets.ltd\/en-svg\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#website\",\"url\":\"https:\/\/www.gomarkets.ltd\/en-svg\/\",\"name\":\"GO Markets\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.gomarkets.ltd\/en-svg\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-svg\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#organization\",\"name\":\"GO Markets\",\"url\":\"https:\/\/www.gomarkets.ltd\/en-svg\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-svg\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.gomarkets.com\/wp-content\/uploads\/2023\/01\/Logo-Portrait-RGB-1x2-1.png\",\"contentUrl\":\"https:\/\/www.gomarkets.com\/wp-content\/uploads\/2023\/01\/Logo-Portrait-RGB-1x2-1.png\",\"width\":368,\"height\":226,\"caption\":\"GO Markets\"},\"image\":{\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/person\/07b00a3510a85b406d03cd55b6af0b34\",\"name\":\"Lachlan Meakin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-svg\",\"@id\":\"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/43f8d61f6b6abddf0262db42355a35b6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/43f8d61f6b6abddf0262db42355a35b6?s=96&d=mm&r=g\",\"caption\":\"Lachlan Meakin\"},\"description\":\"Head of Research, GO Markets Australia.\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole - GO Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/","og_locale":"en_US","og_type":"article","og_title":"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole - GO Markets","og_description":"USD was higher on Thursday, with The Dollar Index bouncing back strongly from Wednesdays decline, breaking through the resistance level of 103.60 to touch on the weekly highs at the big 104 level and hitting overbought levels on the daily RSI. Market risk-off, rising yields and a lower than forecast jobless claims figure giving the [&hellip;]","og_url":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/","og_site_name":"GO Markets","article_published_time":"2023-08-24T23:27:11+00:00","article_modified_time":"2023-10-10T21:50:24+00:00","og_image":[{"width":770,"height":475,"url":"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg","type":"image\/jpeg"}],"author":"Lachlan Meakin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lachlan Meakin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#article","isPartOf":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/"},"author":{"name":"Lachlan Meakin","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/person\/07b00a3510a85b406d03cd55b6af0b34"},"headline":"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole","datePublished":"2023-08-24T23:27:11+00:00","dateModified":"2023-10-10T21:50:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/"},"wordCount":333,"publisher":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#organization"},"image":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg","articleSection":["Forex"],"inLanguage":"en-svg"},{"@type":"WebPage","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/","url":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/","name":"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole - GO Markets","isPartOf":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage"},"image":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg","datePublished":"2023-08-24T23:27:11+00:00","dateModified":"2023-10-10T21:50:24+00:00","breadcrumb":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#breadcrumb"},"inLanguage":"en-svg","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/"]}]},{"@type":"ImageObject","inLanguage":"en-svg","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#primaryimage","url":"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg","contentUrl":"https:\/\/www.gomarkets.ltd\/wp-content\/uploads\/2023\/08\/AdobeStock_99798710-3.jpg","width":770,"height":475},{"@type":"BreadcrumbList","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-rallies-as-markets-turn-risk-off-ahead-of-jackson-hole\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.gomarkets.ltd\/en-svg\/"},{"@type":"ListItem","position":2,"name":"FX Analysis \u2013 USD rallies as markets turn risk-off ahead of Jackson Hole"}]},{"@type":"WebSite","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#website","url":"https:\/\/www.gomarkets.ltd\/en-svg\/","name":"GO Markets","description":"","publisher":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.gomarkets.ltd\/en-svg\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-svg"},{"@type":"Organization","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#organization","name":"GO Markets","url":"https:\/\/www.gomarkets.ltd\/en-svg\/","logo":{"@type":"ImageObject","inLanguage":"en-svg","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/logo\/image\/","url":"https:\/\/www.gomarkets.com\/wp-content\/uploads\/2023\/01\/Logo-Portrait-RGB-1x2-1.png","contentUrl":"https:\/\/www.gomarkets.com\/wp-content\/uploads\/2023\/01\/Logo-Portrait-RGB-1x2-1.png","width":368,"height":226,"caption":"GO Markets"},"image":{"@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/person\/07b00a3510a85b406d03cd55b6af0b34","name":"Lachlan Meakin","image":{"@type":"ImageObject","inLanguage":"en-svg","@id":"https:\/\/www.gomarkets.ltd\/en-svg\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/43f8d61f6b6abddf0262db42355a35b6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/43f8d61f6b6abddf0262db42355a35b6?s=96&d=mm&r=g","caption":"Lachlan Meakin"},"description":"Head of Research, GO Markets Australia."}]}},"publishpress_future_action":{"enabled":false,"date":"2026-04-14 23:22:14","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category"},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"next":{"id":590572,"slug":"audusd-reacts-in-anticipation-of-fed-chair-powells-talk","title":"AUDUSD Reacts in Anticipation of Fed Chair Powell's Talk","date":"2023-08-25 10:57:43","excerpt":"USD was higher on Thursday, with The Dollar Index bouncing back strongly from Wednesdays decline, breaking through the resistance level of 103.60 to touch on the weekly highs at the big 104 level and hitting overbought levels on the daily RSI. Market risk-off, rising yields and a lower than forecast jobless claims figure giving the ","link":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/audusd-reacts-in-anticipation-of-fed-chair-powells-talk\/","type":"next","category":"forex-trading"},"previous":{"id":590116,"slug":"fx-analysis-usd-drops-gold-pops-on-soft-data-falling-yields","title":"FX analysis \u2013 USD drops, Gold pops on soft data, falling yields","date":"2023-08-24 09:51:22","excerpt":"USD was higher on Thursday, with The Dollar Index bouncing back strongly from Wednesdays decline, breaking through the resistance level of 103.60 to touch on the weekly highs at the big 104 level and hitting overbought levels on the daily RSI. Market risk-off, rising yields and a lower than forecast jobless claims figure giving the ","link":"https:\/\/www.gomarkets.ltd\/en-svg\/articles\/forex-trading\/fx-analysis-usd-drops-gold-pops-on-soft-data-falling-yields\/","type":"previous","category":"forex-trading"},"category":{"slug":"forex-trading"},"_links":{"self":[{"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/posts\/590480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/comments?post=590480"}],"version-history":[{"count":0,"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/posts\/590480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/media\/590481"}],"wp:attachment":[{"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/media?parent=590480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/categories?post=590480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gomarkets.ltd\/en-svg\/wp-json\/wp\/v2\/tags?post=590480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}