The US dollar is losing ground

The US dollar is losing ground against the basket of currencies against the background of mixed statistics data on the States. See the Market News. In turn, do not expect significant decrease in the US currency, which is due to the expectation of the publication of the FOMC protocols tonight, which, most likely, will confirm the increase in the discount rate of the Fed in December. Thereby, providing support American currency.

Technical analysis: After the publication of statistics data on the States, the pair USD/JPY updated the daily minimum to the level of 111.88. The main support level is 111,50. The resistance levels are 112, 45; 112.70.

Fig. USD/JPY chart, current price 111.95.

Alexander Sivtsov