{"id":1879,"date":"2021-09-02T11:08:26","date_gmt":"2021-09-02T14:08:26","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1879"},"modified":"2021-09-02T11:08:28","modified_gmt":"2021-09-02T14:08:28","slug":"us-dollar-breaking-lower","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/09\/02\/us-dollar-breaking-lower\/","title":{"rendered":"US dollar breaking lower"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">New lows for the greenback vs the EUR, GBP, AUD and NZD<\/h2>\n\n\n\n<p>The USD has\u00a0made a break to the downside with the dollar\u00a0moving to new lows verse the EUR, GBP, AUD and the NZD.<br>EURUSD: The EURUSD has\u00a0broken above the 1.18507 to\u00a01.18568 swing area (see\u00a0earlier post). The pair has\u00a0entered into the upper extreme area going back to the end of July early August between 1.18568 and 1.19081. Swing highs between 1.18928 and 1.18965 from\u00a0July 29, July 30, August 2 and August 3 stalled rallies on those days from the hourly chart.\u00a0\u00a0<\/p>\n\n\n\n<p><br>GBPUSD: The GBPUSD\u00a0as broken above the 200 day moving average 1.38065. On Tuesday, the price briefly moved above that level but quickly reversed. Staying above now keeps the buyers in firm control.<\/p>\n\n\n\n<p><br>AUDUSD: The AUDUSD\u00a0is trading at its highest level since August 5. The next target comes in between 0.7413 and 0.74152. Above that is the August high price at 0.7426. The pair today based against a swing area between 0.73808 and 0.7 385. Stay above that level keeps the buyers more control.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210902\/2021-09-02_6-54-55.jpg\" alt=\"New lows for the greenback vs the EUR, GBP, AUD and NZD\"\/><\/figure>\n\n\n\n<p>NZDUSD: THe NZDUSD\u00a0as moved up to test its 200 day moving average at 0.71112. The\u00a0price earlier today moved above the 100 day moving average at 0.70803 and the\u00a0swing high going back to August 4 at 0.7088.\u00a0\u00a0A move above the 200 day moving average would increase the bullish bias technically.\u00a0\u00a0<\/p>\n\n\n\n<p><br>Yields are lower but off their lowest levels. The 10 year is at 1.2920%. The low yield reach 1.283%.<\/p>\n\n\n\n<p><br>The markets seem to be more accepting of the idea that the Fed taper will be put off as per the chair Powell&#8217;s perspective.\u00a0\u00a0Meanwhile, ECB taper, RBNZ tightening are themes that are supporting those currencies.\u00a0<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/wintrademarkets.com\/\" data-type=\"URL\" data-id=\"https:\/\/wintrademarkets.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wintrademarkets.com\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New lows for the greenback vs the EUR, GBP, AUD and NZD The USD has\u00a0made a break to the downside with the dollar\u00a0moving to new lows verse the EUR, GBP, AUD and the NZD.EURUSD: The EURUSD has\u00a0broken above the 1.18507 to\u00a01.18568 swing area (see\u00a0earlier post). The pair has\u00a0entered into the upper extreme area going back [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1043,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1879","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1879"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1879\/revisions"}],"predecessor-version":[{"id":1880,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1879\/revisions\/1880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1043"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}