Latest G20 Meeting News
USDJPY price is only bearish while trading below the 108.10 level, key support remains at the 107.80 and 107.00 levels.
The euro has broken to the upside against the US dollar after moving above a well-defined wedge pattern the pair had been trapped in.
Gold price regains traction and rises towards the $1422.59 resistance level this morning with an attempt to continue its uptrend.
Currently, price is sitting just below 108.20. However, a failure to break to the upside, the bears will likely take over and push price lower 107.85.
Gold price retreats from the five year highs during yesterday’s session and continue to do so this morning and is currently trading above the $1400 level.
After climbing towards the $1353.40 resistance level during yesterday’s session, Gold price directly retreated to settle below $1344 level.
Gold price is on the rise this morning and back above the $1245 level after receiving and big support from the $1335 support level during yesterday’s session.
G20 member countries will discuss international crypto AML regulation during the upcoming meeting on the 8th and 9th of June in Fukuoka, Japan.
The G20 Finance Ministers and Central Bank Governors are meeting in Buenos Aires. Following this event, how will the dollar be affected? This and more are discussed in the G-20 Finance Meeting US Dollar Outlook.